Obama Tells Prime Minister Theresa May Britain Will Be At The Back Of The Line For A US Trade Deal, Warns Of BREXIT "Unravelling The Special Relationship"
From the Daily Mail:
Barack Obama has insisted the UK will have to wait for a trade deal with the US as he warned action is needed to stop the Brexit process ‘unravelling’ the special relationship.
The America president sparked fury during the EU referendum campaign by cautioning that the UK would go to the ‘back of the queue’ for a transatlantic deal if it voted to leave.
The comments, at a press conference alongside David Cameron in April, were roundly condemned as an intrusion into domestic politics.
Polls have also suggested they were counterproductive – as the public were turned off by his threat, But asked about the remarks at the G20 summit today, a defiant Mr Obama – who leaves office in January – refused to back down and even hinted that the issue threatened to ‘unravel’ the Special Relationship.
While stressing that he never said Britain would be ‘punished’ for voting to cut ties with Brussels, Mr Obama repeated his view that the ‘world benefited enormously from the UK’s participation in the EU’.
Speaking at a press conference with Theresa May in the Chinese city of Hangzhou, where the summit is taking place, Mr Obama said: ‘Those negotiations are proceeding. ‘It would not make sense for us to put those efforts aside particularly at a time when my working assumption was that if in fact the people of the UK were to leave the EU their first priority would be to renegotiated their terms of trade with the economic unit they sell half of their goods to.’