Obama warns UK a post-Brexit trade deal could take 10 years

first_imgBarack Obama said Britain could have to wait 10 years to reach a trade deal with the U.S. if U.K. voters decide to leave the European Union.In an interview with the BBC broadcast Saturday, the U.S. president echoed an earlier warning that the U.K. risked going to the “back of the queue” for a separate free-trade agreement with Washington if it voted to leave the EU at the June 23 referendum.“The U.K. would not be able to negotiate something with the United States faster than the EU,” Obama said, referring to ongoing negotiations on a sweeping transatlantic trade deal. “It could be five years from now, 10 years from now before we were able to actually get something done.” The comments came at the end of Obama’s visit to London, where he said he believed Britain was better off staying in the Union.“We rely heavily on the U.K. as a partner globally on a whole range of issues,” Obama told the BBC. “We like you having more influence, we like you being at the table helping to influence other countries who may not oftentimes see things as clearly from our perspective as our British partners do.” Also On POLITICO 9 takeaways from Barack Obama’s Brexit intervention By Tom McTague Hillary Clinton backs UK in a ‘united’ Europe By Vince Chadwicklast_img

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