Trump’s Trade Deal Could Rescue UK Amid EU Bullying Over Brexit
January 17, 2017
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With German Chancellor Angela Merkel threatening U.K. with tough trade negotiations -- or ‘hard Brexit, -- for daring to leave the E.U., the Trump presidency has come at a very opportune time for the beleaguered British government. President-elect Donald Trump's proposed U.S.-U.K. trade deal could destroy EU's designs, Professor Ted Malloch said, the man tapped to be the next U.S. ambassador to the E.U. in the Trump administration while talking to the British newspaper Daily Express.
Malloch, who is reportedly being vetted by the presidential transition team, was optimistic about a bilateral trade agreement once U.K. formally leaves the union. "I would hope on the day Britain triggers Article 50 [formal notification of withdrawal from the E.U.], Mrs. May will be able to announce we’ve just started discussions with the United States – an even larger market for free trade," Malloch said.