Donald Trump vows to give UK ‘phenomenal’ post-Brexit trade deal

The US President promised to offer Britain favourable trade deal once the country leaves the EU during his controversial state visit to the UK.

US President Donald Trump vowed that Britain would get a ‘phenomenal’ post-Brexit trade deal on Tuesday during his controversial state visit to the UK.

‘As the UK makes preparations to exit the European Union, the United States is committed to a phenomenal trade deal between the US and the UK,’ Trump said.

‘This is a great, great country and it wants its own identity, it wants to have its own borders, it wants to run its own affairs. This is a very, very special place,’ he added.

Boris Johnson will do a ‘good job’ as PM, says Donald Trump

Never one to hide his true feelings, Trump was quick to express his admiration for prime ministerial candidate frontrunner Boris Johnson, who has pledged to leave the EU on October 31 with or without a deal.

‘I know Boris, I like him, I’ve liked him for a long time. I think he would do a very good job,’ Trump told reporters at a news conference at Britain’s Foreign Office.

He echoed similar praise for Johnson’s rival in the race to become prime minster, UK foreign minister Jeremy Hunt.

‘I know Jeremy, I think he’d do a very good job,’ he added.

Huawei 5G networks in London won’t impact US-UK relations

Trump stressed that an interim decision made by British officials to grant Huawei a limited role in 5G network development in London would not impact security cooperation between the UK and US.

‘We have an incredible intelligence relationship and will be able to work out any differences,' Trump told reporters.

‘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,’ he added.

IGA, may distribute information/research produced by its respective foreign affiliates within the IG Group of companies pursuant to an arrangement under Regulation 32C of the Financial Advisers Regulations. Where the research is distributed in Singapore to a person who is not an Accredited Investor, Expert Investor or an Institutional Investor, IGA accepts legal responsibility for the contents of the report to such persons only to the extent required by law. Singapore recipients should contact IGA at 6390 5118 for matters arising from, or in connection with the information distributed.

The information/research herein is prepared by IG Asia Pte Ltd (IGA) and its foreign affiliated companies (collectively known as the IG Group) and is intended for general circulation only. It does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. You should take into account your specific investment objectives, financial situation, and particular needs before making a commitment to trade, including seeking advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit.

Please see important Research Disclaimer.

European Central Bank meeting

Learn about how the ECB meeting affects interest rates and price stability ahead of the next announcement on 24 October 2019.

  • How might the next meeting affect the markets?
  • What are the key rate decisions to watch?
  • Why is the Governing Council announcement important for traders?

Live prices on most popular markets

  • Forex
  • Shares
  • Indices
Sell
Buy
Updated
Change
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
Sell
Buy
Updated
Change

Prices above are subject to our website terms and agreements. Prices are indicative only. All shares prices are delayed by at least 15 mins.

Sell
Buy
Updated
Change
-
-
-
-
-
-
-
-
-
-
-
-
China 300
-
-
-
-

Prices above are subject to our website terms and agreements. Prices are indicative only. All shares prices are delayed by at least 20 mins.

The Momentum Report

Get the week’s momentum report sent directly to your inbox every Monday for FREE. The Week Ahead gives you a full calendar of upcoming key events to monitor in the coming week, as well as commentary and insight from our expert analysts on the major indices to watch.

For more info on how we might use your data, see our privacy notice and access policy and privacy webpage.

You might be interested in…

Find out what charges your trades could incur with our transparent fee structure.

Discover why so many clients choose us, and what makes us a world-leading provider of CFDs.

Stay on top of upcoming market-moving events with our customisable economic calendar.