On Thursday, President Donald Trump stated that Washington is looking forward to negotiating a large scale trade agreement with the United Kingdom, adding that the agreement would have “unlimited” potential.
“My Administration looks forward to negotiating a large scale Trade Deal with the United Kingdom. The potential is unlimited!” Trump tweeted.
According to Fox News, the tweet comes one day after the U.K. Parliament voted against the possibility of leaving the European Union (EU) without an exit agreement.
If the U.K. does ultimately leave the EU, it will force the country to negotiate its own individual trade deals with the U.S. and other countries.
Wednesday’s vote doesn’t eliminate the possibility that U.K. will leave the EU, but it does open the door to a delay of that departure. U.K. is scheduled to leave the EU on March 29, but a vote Thursday might delay the move.
The U.S. Trade Representative’s office has indicated it plans to negotiate a trade agreement with the U.K. after it leaves the European bloc.
“We intend to initiate negotiations with the United Kingdom as soon as it is ready after it exits from the European Union on March 29,” U.S. Trade Representative Robert Lighthizer said in a letter to Congress last year.
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