President Obama confirms in the EU there is no US trade deal and outside we could negotiate one
What a load of fuss about nothing. The Remain side have got their lackeys in the media to repeat bitter nothings about Obama’s message.
The facts are simple. Inside the EU for 43 years we have no US trade agreement. The EU has sole responsibility for negotiating one.
Outside the EU we would start with no trade agreement, so no change. As Obama stated, we could then negotiate one with his successor and the U.S. Government . He thinks it might take five years or more. How long is the EU one going to take?
As current practice shows, we trade well with the U.S. with no trade deal, so when we get the UK/US trade deal that will be a bonus.
Mr. Obama also stressed that there is a close or special relationship between the U.S and the UK and had to admit that will continue if we leave the EU. Given that, I am sure the U.S. would see how it was in their interest as well as ours to negotiate a better trade arrangement. I doubt it would take as long as he says, but then he is determined to keep us in this malfunctioning Union for his own convenience. Faced with the reality of Brexit the US would see the advantage of negotiating a mutually beneficial trade deal with an old ally whilst the 27 member states of the EU continued to row about TTIP and find it unacceptable.
Source: http://johnredwoodsdiary.com/2016/04/25/president-obama-confirms-in-the-eu-there-is-no-us-trade-deal-and-outside-we-could-negotiate-one/
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