Brexit Deal Could Hurt UK-US Trade Relations

Brexit Deal Could Hurt UK-US Trade Relations

Kerry Wise
November 28, 2018

By approving May's plan in Brussels on Sunday, the European Union lawmakers implicitly threw their support behind May, as she works to ensure U.K. Parliament votes to approve the agreement on December 12.

In a blistering interview, Sir Michael - who has been publicly silent on the subject of Brexit since he was forced to quit his post over sexual impropriety a year ago - declared the deal to be "doomed" in the House of Commons and said he would not vote for it.

On Monday night United States president Donald Trump described the deal as "good for the EU" but threatened he may not support trade with the UK. "If you had a vast majority saying we don't authorise the government to leave with no deal, it would be very hard politically to do so", he said.

But Downing Street sources said they were not aware of the Prime Minister seeking to speak to Labour MPs thought to be considering backing her deal.

Starting her tour in Builth Wells in central Wales, May insisted Trump had not rained on her parade.

"But, right now, as the deal stands, she may not, they may not, be able to trade with the US".

"It is fundamental to the treaties - and to the values of the European Union - that a member state can choose to revoke its withdrawal from the Union without the need for the unanimous agreement of all the other member states", argued lawyer Aidan O'Neill. We have an agreement that took between 18 months and two years to negotiate, it is in several parts, is over 500 pages long and as of today has the support of 28 governments. "We will have control of that and we will strike trade deals that will enhance our prosperity, enhance our economy and bring jobs to the United Kingdom".

He later heaped praise on "incredible" Mrs May but urged her: "Make sure we can trade together".

The pound was down about 0.3 per cent against the dollar while London's FTSE 100 share index was down 0.4 percent in early afternoon trade.

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At an extraordinary summit in Brussels on Sunday, November 25, heads of States and governments of European Union countries approved an agreement with Britain about Brexit.

But she faces a big battle to win MPs' approval ahead of a vote next month, with lawmakers from all parties - including her own Conservatives and governing allies the Democratic Unionist Party (DUP) - opposed.

A spokesperson for Mrs May also hit back at French President Emmanuel Macron over comments that, in the event of no deal, Britain would be forced to allow the European Union access to fisheries.

Opposition Leader Jeremy Corbyn said the deal "is the result of a miserable failure of negotiation that leaves us with the worst of all worlds".

FILE - British Labor party leader Jeremy Corbyn talks to journalists outside the European Commission headquarters in Brussels, Belgium, Sept. 27, 2018.

"If they are not willing to take up their seats because they feel they can't, because they got elected on the basis of abstentionism, they do have the option now of resigning their seats and allowing the people in those constituencies decide whether or not they want to have a say when this vote comes to Westminster".

In London, Brexit figurehead Nigel Farage launched a billboard campaign reading "Welcome to the worst deal in history".

The British government argues that the case is a political tactic by pro-EU opponents.

The case was referred to the Luxembourg justices for a ruling by Scotland's top court.

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