Trump Optimistic About Bigger Trade Deal With the UK After Brexit

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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Arslan Butt
Index & Commodity Analyst
Arslan Butt serves as the Lead Commodities and Indices Analyst, bringing a wealth of expertise to the field. With an MBA in Behavioral Finance and active progress towards a Ph.D., Arslan possesses a deep understanding of market dynamics.His professional journey includes a significant role as a senior analyst at a leading brokerage firm, complementing his extensive experience as a market analyst and day trader. Adept in educating others, Arslan has a commendable track record as an instructor and public speaker.His incisive analyses, particularly within the realms of cryptocurrency and forex markets, are showcased across esteemed financial publications such as ForexCrunch, InsideBitcoins, and EconomyWatch, solidifying his reputation in the financial community.
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