- The UK cannot sign a trade deal until it officially leaves the European Union
- British media had speculated Trump’s trip had been quietly canceled
“We’re working on a trade deal, which will be a very, very big deal, very powerful deal, great for both countries, and I think we’ll have that done very, very quickly,” Trump said.
“We’ve had tremendous talks. There’s no country that could possibly be closer than our countries and for a long time,” he said, adding that he and May had developed “a very special relationship” and that trade would be big factor between their countries.
May said she was looking forward to building on the “special relationship” between the US and the UK, particularly in terms of trade.
But her language on a deal with the US was notably more modest than Trump’s.
The UK can’t sign new deals with other countries until it leaves the EU, so an agreement with the US is unlikely to happen before 2019 — Brexit talks are expected to take around two years.
Equally, the US will unlikely want to ink a deal until the UK’s post-Brexit terns of trade are clear. The US will want to know what access its companies and banks in Britain will have to the rest of the EU.
Trump: ‘We’ll be going to London’
When asked about timing, he responded: “We’ll work that out. We’ll be going to London.”