Categories: Market Overview

Trump says Brexit should happen and the US-UK can do a ‘phenomenal’ trade deal

President Donald Trump promised the U.K. a “phenomenal trade deal” Tuesday, on the second day of his state visit to Britain.

His comments revealed little detail but added to previous assurances from the U.S. president as Britain slowly edges toward an exit from the EU.

“As the U.K. makes preparations to exit the European Union, the United States is committed to a phenomenal trade deal between the U.S. and the U.K.,” Trump said at a joint press conference with U.K. Prime Minister Theresa May.

“There is tremendous potential in that trade deal — I say probably two and even three times of what we are doing right now,” Trump told reporters after meeting May for talks which lasted an hour.

Trump added that he thought Brexit will happen and should happen, responding to questions on the current impasse in Westminster which has helped to topple May who is stepping down as Conservative Party leader on Friday.

The talks with May on Tuesday involved a variety of contentious topics, which included climate change, trade and tensions with Iran. The U.K. is not allowed to open official trade talks with other nations until it has fully left the bloc.

Trump says Brexit should happen and the US-UK can do a ‘phenomenal’ trade deal, CNBC, Jun 04
The FxPro News Team

This team of professional journalists announces the most interesting and influential articles from the major financial media as a brief summary. All such news may have sufficient potential to affect the course of trading assets.

Share
Published by
The FxPro News Team
Tags: brexit

Recent Posts

CHFJPY Wave Analysis – 9 January 2026

CHFJPY: ⬆️ Buy - CHFJPY reversed from support area - Likely to rise to resistance…

2 days ago

Exxon Mobil Wave Analysis – 9 January 2026

Exxon Mobil: ⬆️ Buy - Exxon Mobil reversed from support area - Likely to rise…

2 days ago

Pro News Weekly: Dollar Rebounds as Markets Test New Limits

Welcome to Pro News Weekly! Here’s what is shaping the markets: 💵 The U.S. dollar…

2 days ago

Geopolitics will destroy the euro

•    EURUSD falls due to geopolitics and expectations of tariff removal •    Gold returns to…

3 days ago

Platinum Wave Analysis – 8 January 2026

Platinum: ⬇️ Sell - Platinum reversed from pivotal resistance level 150.00 - Likely to fall to…

3 days ago

Baidu Wave Analysis – 8 January 2026

Baidu: ⬇️ Sell - Baidu reversed from resistance zone - Likely to fall to support level…

3 days ago

This website uses cookies