UK pound falls, UK politicians reel after Trump broadside

July 13, 2018
UK pound falls, UK politicians reel after Trump broadside
UK pound falls, UK politicians reel after Trump broadside

The British pound fell and U.K. politicians reeled Friday from the tornado-blast of U.S. President Donald Trump, who humiliated Prime Minister Theresa May, dashed hopes of a quick U.S.-U.K. trade deal and praised May’s opponents in the high-stakes battle over Brexit.

All in just 24 hours in Britain.

In an interview with The Sun newspaper, Trump slammed May’s plans for Britain’s departure from the European Union and praised her political rival Boris Johnson, who quit May’s Cabinet this week over Brexit differences. He also criticized immigration in Europe and declared that London Mayor Sadiq Khan, a Muslim, had failed to stop terrorism.

The pound fell 0.6 percent to $1.31 after Trump’s comments, and May’s government struggled to put a brave face on a presidential visit that has veered wildly off course.

Source : News Agencies

 

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