Published: Fri, July 13, 2018
Markets | By Otis Pena

United Kingdom publishes Brexit plan that sparked rebellion

United Kingdom publishes Brexit plan that sparked rebellion

"If they do that, I would say that would probably end a major trade relationship with the United States", Mr. Trump added. And that is fine, she should negotiate the best way she knows how.

His comments went down badly in Downing Street as the Prime Minister desperately battles to contain a civil war within her party over her Brexit proposals.

Liam Fox, Britain's trade minister, tweeted after the Sun interview was published that it was terrific to hear Trump "talk so positively about UK & US Trade tonight at Blenheim Palace". Late past year, May criticized him for retweeting a message by a member of a British far-right group, and the speaker of Britain's parliament has said Trump would not be welcome to address it.

Mr Trump's intervention comes at the end of a tumultuous few days for Ms May.

The EU has consistently made it clear there can be no "cherry picking" of the single market - and that's precisely what this document does.

The plan has infuriated fervent Brexit supporters, who think it would limit Britain's ability to strike new trade deals around the world.

Mrs May is still pressing on with her Brexit plan despite the resignations of David Davis and Boris Johnson.

Soon after Trump arrived at Blenheim Palace in Oxfordshire for a gala black tie dinner on Thursday night, The Sun newspaper published an interview with the U.S. President that is likely to embarrass his host.

"If they do a deal like that, we would be dealing with the European Union instead of dealing with the United Kingdom, so it will probably kill the deal", he told the news outlet.

"She didn't agree, she didn't listen to me", he told The Sun.

Reuters reported last month that the bloc was opposed to changing equivalence exclusively for Britain, and that any improvements to its so-called equivalence regime would apply to other countries too.

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Amid warnings from businesses that continued uncertainty is risking investment and jobs, and fears time is running out, her cabinet finally agreed on a plan last week.

Britain would end free movement of people from the European Union, and parliament would decide on any future immigration plans but would seek reciprocal "mobility arrangements" with the bloc. "That is exactly what we will do". "I think he would be a great prime minister".

"I think it's a travesty of British values".

London Mayor Sadiq Khan, who signed off on the so-called "Trump Baby" blimp, defended the decision Thursday, arguing the protests were not anti-American.

"With looser trade ties to Europe, the financial and related professional services sector will be less able to create jobs, generate tax and support growth across the wider economy", she said.

On Tuesday night German Chancellor Angela Merkel gave the first serious reaction from an European Union leader to the outlines of the controversial plan - suggesting it was "progress".

Labor officials are not talking about their tactics for the coming battles but, according to Politico, have spoken privately about a "coalition of chaos" where their MPs would vote with Brexit hardliners to bring down May's deal in an attempt to destabilize the government and force a new election.

"The spirit of friendship and cooperation between our countries, our leaders and our people, that most special of relationships, has a long and proud history", she said, adding that the United States was "not just the closest of allies but the dearest of friends".

Trump, who has compared the June 2016 referendum in which a majority of British voters supported leaving the European Union to his own election that year, accused May of abandoning British voters with her Brexit plans.

At its heart is a proposal for a new Britain-EU "free trade area", with interlinked customs regimes, and identical regulations for industrial goods and agri-food.

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