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Anonymous
US-UK trade deal could take 10 years if Brexit goes ahead, Obama warns
2016-04-24 19:36:33 Post No. 71940678
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US-UK trade deal could take 10 years if Brexit goes ahead, Obama warns
Anonymous
2016-04-24 19:36:33
Post No. 71940678
[Report]
https://www.rt.com/uk/340755-brexit-obama-trade-deal/
> A US trade deal with Britain could take up to 10 years if it were to leave the European Union, President Barack Obama has warned in an interview with the BBC. In the event of a Brexit, the UK would lose much of the influence it has as America’s closest EU ally, he said.
> "It could be five years from now, 10 years from now before we were able to actually get something done,” Obama told the BBC on Sunday, at the end of a three-day visit to the UK, likely to be his last as US president.
> The UK referendum on whether the country should stay or go will take place on June 23. The Transatlantic Trade and Investment Partnership (TTIP) deal it threatens remains on the president’s agenda before his term runs out. Obama wants to cut tariffs and regulatory barriers between the EU and the US.
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> This echoed his earlier words at a joint press conference with British Prime Minister David Cameron. "The UK is at its best when it's helping to lead a strong European Union. It leverages UK power to be part of the EU. I don't think the EU moderates British influence in the world, it magnifies it,” he said. "America wants Britain's influence to grow, including within Europe."
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> Some US politicians share Obama’s view that a Britain within the EU is able to exert more authority and apply more pressure to push through policies in line with American interests. The loudest voice in support is Democratic presidential hopeful Hillary Clinton.
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Reminder that the USA won't let Brexit happen. Sorry UK.