Trump Optimistic About Bigger Trade Deal With the UK After Brexit - Forex News by FX Leaders
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Trump Optimistic About Bigger Trade Deal With the UK After Brexit

Posted Wednesday, June 5, 2019 by
Arslan Butt • 1 min read

On the second day of his state visit to the UK, US President Donald Trump appeared to have pulled out all stops, promising a “phenomenal” trade deal after Brexit. Trump was all praises for Britain on Tuesday, even as he skirted around the Huawei issue.

Addressing reporters at a news conference with PM Theresa May, Trump stated about Huawei, ““We did discuss it, I see absolutely no limitations, we have never had limitations, this is a truly great ally and partner and we will have no problem with that.”

Trump is clearly pro-Brexit as he felt optimistic that Brexit would allow the US and the UK to explore a large trade deal in the future. There is “tremendous potential” in such a deal, which could even be two or three times bigger than the present trade deal between the two countries.

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About the author

Arslan Butt // Index & Commodity Analyst
Arslan Butt is our Lead Commodities and Indices Analyst. Arslan is a professional market analyst and day trader. He holds an MBA in Behavioral Finance and is working towards his Ph.D. Before joining FX Leaders Arslan served as a senior analyst in a major brokerage firm. Arslan is also an experienced instructor and public speaker.
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