EGP edges lower against USD in Wednesday's early market    PM Madbouly inaugurates $60m expansion of Hayat Egypt factory in Sokhna    SITA opens first regional hub in Middle East with new command center in Cairo    Egypt unveils national strategy to boost patient safety, healthcare quality    Saudi Arabia commits to $600bn US investment in new strategic agreement    UPDATE: Trump secures 'historic' $600b investment commitment in Saudi Arabia    Egypt's Al-Mashat meets AfDB President, focus on private sector, continental integration    URGENT: Saudi Arabia, US sign economic strategic partnership agreement    Asia-Pacific markets mixed after US-China tariff pause    Egypt, Türkiye FMs discuss Gaza, Libya    Egyptian pound maintains stability vs. USD in early trade    Hamas releases US-Israeli detainee Edan Alexander amid ceasefire uncertainty    Trump signs executive order to cut drug prices by at least 59%    White House releases Trump's drug price overhaul order    Flowers as a Form of Communication: Why It Still Matters to Give the Living    Empower Her Art Forum Returns for Third Edition at Grand Egyptian Museum    Egypt scales up drug output, sees $466m in pharma exports by 2029    Egypt hosts 170 pharmaceutical factories, 11 with international accreditation: EDA    Gaza faces famine, health collapse amid intensifying Israeli siege, bombardment    Sandoz launches new OMNITROPE growth hormone concentration in Egypt    Third "Empower Her Art Forum" to launch at Grand Egyptian Museum    Egypt's Democratic Generation Party Evaluates 84 Candidates Ahead of Parliamentary Vote    On Sport to broadcast Pan Arab Golf Championship for Juniors and Ladies in Egypt    Golf Festival in Cairo to mark Arab Golf Federation's 50th anniversary    Germany among EU's priciest labour markets – official data    Cabinet approves establishment of national medical tourism council to boost healthcare sector    Sudan conflict, bilateral ties dominate talks between Al-Sisi, Al-Burhan in Cairo    Cairo's Madinaty and Katameya Dunes Golf Courses set to host 2025 Pan Arab Golf Championship from May 7-10    Egypt's PM follows up on Julius Nyerere dam project in Tanzania    Ancient military commander's tomb unearthed in Ismailia    Egypt's FM inspects Julius Nyerere Dam project in Tanzania    Egypt's FM praises ties with Tanzania    Egypt to host global celebration for Grand Egyptian Museum opening on July 3    Ancient Egyptian royal tomb unearthed in Sohag    Paris Olympic gold '24 medals hit record value    A minute of silence for Egyptian sports    Russia says it's in sync with US, China, Pakistan on Taliban    It's a bit frustrating to draw at home: Real Madrid keeper after Villarreal game    Shoukry reviews with Guterres Egypt's efforts to achieve SDGs, promote human rights    Sudan says countries must cooperate on vaccines    Johnson & Johnson: Second shot boosts antibodies and protection against COVID-19    Egypt to tax bloggers, YouTubers    Egypt's FM asserts importance of stability in Libya, holding elections as scheduled    We mustn't lose touch: Muller after Bayern win in Bundesliga    Egypt records 36 new deaths from Covid-19, highest since mid June    Egypt sells $3 bln US-dollar dominated eurobonds    Gamal Hanafy's ceramic exhibition at Gezira Arts Centre is a must go    Italian Institute Director Davide Scalmani presents activities of the Cairo Institute for ITALIANA.IT platform    







Thank you for reporting!
This image will be automatically disabled when it gets reported by several people.



Trump vows great trade deal with UK, abruptly changing tack on May's Brexit plan
Published in Amwal Al Ghad on 14 - 07 - 2018

U.S. President Donald Trump said on Friday the United States and Britain could secure a "great" post-Brexit trade deal, lavishing praise on Prime Minister Theresa May and contradicting his own withering assessment of her strategy publicized hours earlier.
Fresh from sending NATO into crisis talks and ahead of a summit with Kremlin chief Vladimir Putin, Trump shocked Britain's political establishment when he criticized May's plans for ties with the European Union after Britain leaves in March.
In a newspaper interview published just hours before holding talks with May, Trump said her Brexit strategy would "kill" any chance of a trade deal with the U.S. and said she had not listened to his advice on how to negotiate with the EU.
But, as the two leaders stood together for a press conference in the garden of May's grand 16th-century official residence Chequers, Trump said the British leader was doing a "fantastic job", added it was up to her how to conduct Brexit, and that a free trade deal was very much on the table.
Relations had never been more special, he said, and any criticism was "fake news".
"Once the Brexit process is concluded and perhaps the UK has left the EU, I don't know what they're going to do but whatever you do is OK with me, that's your decision," Trump said.
"Whatever you do is OK with us, just make sure we can trade together, that's all that matters. The United States looks forward to finalizing a great bilateral trade agreement with the United Kingdom. This is an incredible opportunity for our two countries and we will seize it fully," he said.
At the same location a week ago, May finally won agreement for her Brexit plans from her cabinet after two years of internal wrangling, but within days, two senior ministers had quit, departures which Trump said earlier in the week had left Britain in "turmoil".
Some lawmakers in her deeply divided Conservative Party have cast May's "business-friendly" Brexit plan as a betrayal that would leave Britain too close to the EU and warned that she might face a leadership challenge.
May's formal proposals were published on Thursday, but hours later the Sun newspaper published an interview with Trump where he appeared to side with the prime minister's critics.
"If they do a deal like that, we would be dealing with the European Union instead of dealing with the UK, so it will probably kill the deal," he told the Sun. "I would have done it much differently. I actually told Theresa May how to do it, but she didn't listen to me."
Asked about that interview, Trump said he had not criticized May, lavishing praise on "a terrific woman", who was smart, tough and capable.
"This incredible woman right here is doing a fantastic job, a great job," he said. "She's a total professional because when I saw her this morning, I said: ‘I want to apologize, because I said such good things about you'. She said: ‘Don't worry, it's only the press'."
May, likewise, glossed over the comments in the Sun, saying her deal provided a platform for an ambitious free trade deal.
Trump's remarks to the Sun were the most biting any U.S. president has ever made on visit to Britain. However, under the blue skies of the Chequers' garden, he said their relationship was "the highest level of special".
However, while Trump and May exchanged warm words, tens of thousands of protesters marched against the U.S. president through central London, bringing much of the British capital to a standstill. It was one of the more than 100 demonstrations planned across the country during his four-day stay.
"The message we came here to give today is that Trump is not welcome in Britain," said shopkeeper Grish Gregoran, 58, who took the day off to attend. "We wanted to embarrass him and I think we have done that today.
Trump has also frequently angered British politicians and has been involved in social media spats with London's Muslim mayor Sadiq Khan who Trump said had "done a very bad job on terrorism".
Late last year, May herself criticized Trump for retweeting a message by a member of a British far-right group, and the speaker of parliament has said the president would not be welcome to address the chamber.
After leaving Chequers, Trump traveled to Windsor Castle to have tea with Queen Elizabeth. He was heralded by military bands on his arrival at the 92-year-old monarch's home where her grandson Prince Harry married U.S. actress Meghan Markle in May.
He later flew to Scotland where he is staying at his Trump Turnberry golf course. The protests reached him there, when a paraglider bearing the logo of environmental campaign group Greenpeace swooped within some few hundred yards of the president as he stood outside the golf course's hotel, television pictures showed.
He will stay in Scotland until Sunday when he heads to Helsinki for talks with Russia's Putin. Trump said he would bring up the issue of nuclear disarmament with Putin.
However his trip to meet Putin is set to be overshadowed by news that a U.S. federal grand jury has indicted 12 Russian military intelligence officers on charges of hacking the computer networks of 2016 Democratic presidential candidate Hillary Clinton and the Democratic Party.
"We have this stupidity going on, pure stupidity, but it makes it very hard to do something with Russia because, anything you do, it's like: ‘Russia, oh he loves Russia'," Trump said at the press conference before news of the indictment.
"I love the United States but I love getting along with Russia and China and other countries."
Writing by Guy Faulconbridge and Michael Holden; Additional reporting by William James, Kate Holton, Andrew MacAskill, Sarah Young and Paul Sandle; editing by Larry King, Kevin Liffey, David Stamp, William Maclean
Source: Reuters


Clic here to read the story from its source.