This past summer, the United Kingdom shocked the pollsters and the pundits by deciding to leave the European Union. It was a devastating blow to the disastrous EU experiment and many believe that movement was intertwined with the rise of Donald Trump in the United States.
Nigel Farage, the leader of the Brexit movement, has become close friends with Donald Trump.
Now, it appears that the relationship between the United States and the United Kingdom is about to take a big step forward.
The Trump administration will lay the groundwork this week for a trade deal between the U.S. and the U.K. that would take effect after Britain leaves the European Union, a White House aide said, as Prime Minister Theresa May becomes the first foreign leader to visit the new president.
May last week declared Britain is “open for business” as she announced plans to pursue a clean break with the EU, paving the way for the U.K. to eventually strike new trade accords with the continent and other countries. May said she will travel to Washington and speak to President Donald Trump on Friday.
Trump officials believe their discussions with May’s government encouraged her to be more aggressive in exiting the EU. She can use any American support to argue the U.K. will prosper outside the bloc although she risks inflaming tensions with European leaders if they suspect her government is actively negotiating trade deals while still an EU member.
The United Kingdom is obviously a key trading partner for the United States and it is critically important that some kind of an agreement can be reached between the two nations.
The pundits who inaccurately predicted the result of the Brexit vote have warned that the UK economy will crumble. That couldn’t be further from the truth. In fact, the UK finished the year with the world’s top economy.
The economy in the United States is sending strong signals since November as well and it seems like the perfect time for a trade agreement between the two countries.