Donald Trump’s new trade chief has insisted on Britain’s rivals to get their best use out of the ‘God-given opportunity’ of Brexit to draw business away from the UK.
Wilbur Ross, the US commerce secretary designate, stated that Britain was facing a ‘period of confusion’ and that it was ‘inevitable’ that ‘relocations’ will occur.
Mr. Ross will be the man behind the negotiations of a free trade deal with the UK, with semi-latent anxiousness that the US could seek to exploit Britain’s seclusion due to the after math of the EU exit.
Mr. Ross allegedly made his comments in front of couple of Cypriot financiers only few days after last June’s referendum vote or in terms of him still not being appointed to Mr. Trump’s cabinet.
He stated: ‘I recommend that Cyprus should adopt and immediately announce even more liberal financial service policies than it already has so that it can try to take advantage of the inevitable relocations that will occur during the period of confusion.’
It is also mentioned that he then added that the Brexit was a ‘God-given opportunity’ for financial competitor of the City of London, naming Frankfurt and Dublin especially.
Labour stated his comments need to be taken as a ‘salutary warning’ that other countries were at a point to use the UK’s fragility after Brexit.
On top of that, shadow international trade secretary Barry Gardiner stated for The Times: ‘Wilbur Ross’s comments are a stark reminder that the trade deals Britain will agree in future will not depend on goodwill from our partners, but on their own shrewd political and economic calculations.
‘Theresa May’s government has failed to articulate a coherent vision of what kind of economy Brexit Britain will be. This makes us weak and vulnerable in the eyes of others.’
Theresa May was feeling ashamed when former Ukip leader Nigel Farage came to be the first UK politician to meet Mr. Trump after his unexpected, but spectacular election triumph.
Farage, who accompanied Trump on the campaign trail, was gloriously captured laughing inside Trump Tower, where he has been a nonstop guest since the election spectacle.
Contrary to that Mrs. May had to be satisfied with a brief phone conversation after the bulk of other world leaders had already congratulated Mr. Trump.
After that, the soon-to-be US commander in chief stunned Westminster with a late-night tweet stating that Farage will be able to do a ‘great job’ as Britain’s ambassador to the US.
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