Skip to content
City PM
  • Germany
  • France
  • Europe
  • Markets
  • Business
  • Opinion
  • DE
  • Germany
  • France
  • Europe
  • Markets
  • Business
  • Opinion
  • DE
Sunday 15 January 2017 11:17 pm

US President-elect Donald Trump wants to seal a new trade deal with the UK “very quickly” and has said Brexit will be a “great thing”

By: Francesca Washtell

Add as a preferred source on Google

US President-elect Donald Trump has said he will move “very quickly” to secure a new trade deal with the UK when he comes to office.

“I’m a big fan of the UK, we’re gonna work very hard to get it done quickly and done properly. Good for both sides,” Trump told MP Michael Gove in an interview with the Times.

Trump, who will be inaugurated as the 45th US President on Friday, told prominent Leave campaigner Gove that Brexit “is going to end up being a great thing”.

Read more: The boss of the CIA has some advice for tweetstorm-loving Trump

The billionaire tycoon-turned-politician blasted the European Union as “basically a vehicle for Germany”, and said Germany’s dominance of the organisation is why he thought “the UK was so smart in getting out”. Trump backed Brexit in the run-up to the referendum.

Trump also said the fall in the value of sterling since the EU referendum in June is “great”.

Earlier today, former Ukip leader Nigel Farage predicted the UK could agree to a trade deal within months of Trump coming to office.

Prime Minister Theresa May is set to visit Trump in Washington DC next month. 

Read more: US intelligence services deny leaking explosive Trump dossier

In an attack on Nato, Trump said the military alliance was “obsolete” because it has not defended against terror attack, but added that the organisation is still “very important to him”.

I said a long time ago that Nato had problems. Number one it was obsolete, because it was designed many, many years ago. Number two the countries aren’t paying what they’re supposed to pay…And the other thing is the countries aren’t paying their fair share so we’re supposed to protect countries.

But a lot of these countries aren’t paying what they’re supposed to be paying, which I think is very unfair to the United States. With that being said, Nato is very important to me. There’s five countries that are paying what they’re supposed to. Five. It’s not much.

Read more: Russia helped Trump win the election, US intelligence says

The President-elect also said he will offer to end sanctions against Russia in return for a nuclear arms reduction deal with President Vladimir Putin. “They have sanctions on Russia – let’s see if we can make some good deals with Russia,” he said.

He continued to dismiss allegations that the Kremlin has compromising material gathered when he visited Moscow for the Miss Universe contest.

Share this article

  • Facebook
  • X
  • LinkedIn
  • WhatsApp
  • Email

Similarly tagged content:

Sections

  • News

Categories

  • Business
  • Politics

Trending Articles

  • Exclusive: Big Four giant KPMG to cut more jobs

  • Music tycoon Simon Cowell sued by prominent City lawyer

  • The former African gold miner taking on the billionaire Issa brothers

  • Tesco ‘in talks’ to exit eastern Europe

  • As it happened: FTSE 100 slump as oil soars; Trump says Iran will be ‘hit hard’ tonight

More from City PM

  • Peace deal will be finalised Sunday, Trump says but Tehran casts doubt

    Politics
    Donald Trump at Pennsylvania CPA event, addressing financial policies to an audience of accounting professionals
  • As it happened: Stocks mixed as Trump warns takes ‘two to tango’ on Iran peace

    Markets
    Donald Trump at Pennsylvania CPA event, addressing financial policies to an audience of accounting professionals
  • Oil prices rise as Trump warns of ‘very hard’ strikes against Iran

    Politics
    Donald Trump latest picture
  • Trump blocked from sacking Fed official in landmark Supreme Court ruling

    Politics
  • As it happened: Stocks shrug off stalling Iran peace talks; OBR warns Reeves

    Markets
    Breaking news event with gathered crowd and journalists capturing the moment in a bustling city location
  • As it happened: Stocks fall as oil creeps up; Trump to ‘finish job’ in Iran

    Markets
    Donald Trump speaking at the PAAP office conference, addressing key political issues and strategies in a formal setting.
  • UK firms ‘bracing for change’ as Trump revives tariff threat over Big Tech tax

    Tech
    Donald Trump addressing media at a press event, wearing a suit and tie, with reporters and cameras in the background.
  • Trump and Infantino: The venomous relationship between sport and politics

    Sport Business
    GettyImages 2250174638 likely features a relevant business scene or newsworthy event, fitting for a general news article c...

City PM — European politics, business and analysis.

Europe

  • Germany
  • France
  • Europe
  • UK & Ireland

Topics

  • Business
  • Markets
  • AI
  • Technology
  • Opinion
  • Energy

More

  • Politics
  • Economics
  • Fintech
  • Legal
  • Sport
  • Life

Company

  • About City PM
  • Editorial Policy
  • Corrections
  • Contact
  • Terms of Use
  • Privacy Policy
  • Cookie Policy
© 2026 City PM · Published by CityPM Media, Bahnhofstrasse 65, 8001 Zürich, Switzerland
About · Editorial Policy · Corrections · Contact · Privacy · Facebook