Trump, Theresa May agree on necessity of US-UK trade deal

Channel: Fox Business
Published: 06/04/2019

President Trump and British Prime Minister Theresa May speak to press in a joint conference. FOX Business Network (FBN) is a financial news channel delivering real-time information across all platforms that impact both Main Street and Wall Street. Headquartered in New York — the business capita...

This week we commemorate the extraordinary courage and sacrifice of those who gave their lives for our liberty on d-day seventy-five years ago, as leaders prepare to gather here from across the world. It is fitting that we begin with a celebration of the special relationship between the united kingdom and the united states enduring partners who stood side-by-side on that historic day and every day ...
since four generations at the heart of the transatlantic alliance has been our shared democratic values. Our common interests and our commitment to justice. It is that unity of purpose that will preserve the deep-rooted ties between our people and underpin our nation's security and prosperity for the next 75 years and beyond. Soi am very pleased to welcome the president of the united states of america on this state visit to the united kingdom for the past two-and-a-half years, the president and i have had the duty and privilege of being the latest guardians of this precious and profound friendship between Our countries, as with our predecessors when we have faced threats to the security of our citizens and our allies, we have stood together and acted together when russia used a deadly nerve agent on the streets of our country. Alongside the uk's expulsion, the president expelled 60 russian intelligence officers, the largest contribution towards an unprecedented global response, and in syria, when innocent men, women and children were victims. Ofa, barbaric chemical weapons attack britain and america, along with france, carried out targeted, strikes against the regime. Since we spoke about nato during my first visit to the white house, we have maintained our support for this crucial alliance, thanks in part to your clear message on burden-sharing. Donald, we have seen members pledged another 100 billion dollars, increasing their contributions to our shared security and i'm pleased to announce that nato will soon be able to call on the uk's queen elizabeth-class aircraft carriers and f-35 fighter jets to help tackle threats around the world. Today, we've discussed again the new and evolving challenges to our security, our values and our way of life. We share the sameview about their origin and our objectives in meeting them, but like prime ministers and presidents before us, and no doubt those that will come after we can also differ sometimes on how to confront the challenges we face. I'Ve always talked openly with you, donald when we have taken a different approach and you've done the same with me.

I'Ve always believed that cooperation and compromise are the basis of strong alliances, and nowhere is this more true than in the special relationship. Today, we've discussed again the importance of our two nations working together to address iran's destabilizing activity in the region and to ensure iran cannot acquire a nuclear weapon. Although we differ on the means ofachieving that, as i've said before, the uk continues to stand by the nuclear deal, it is clear that we both want to reach the same goal. It is important that iran meets its obligations and we do everything to avoid escalation, which is in no one's interest. Recognizing our nations are safer and more prosperous when we work together on the biggest challenges of our time. I also set out the uk's approach to tackling climate change and our continued support for the paris agreement, and we also spoke about china recognizing its economic significance and that we cannot ignore action that threatens our shared interests or values, as we've deepened. Our cooperation on security, including our joint militaryoperations, and our unparalleled intelligence sharing, so our economies to our ever more tightly bound together. Every morning, 1 million americans get up and go to work for british companies in america and 1 million britons do the same for american companies. Here our trading relationship is worth over 190 billion pounds a year and we're the largest investors in each other's economies, with mutual investments, valued at as much as one trillion dollars. Mr. president, you and i agreed the first time we met that we should aim for an ambitious free trade agreement when the uk leaves the eu and from our positive discussions today. I know that we both remain committed to this.

I'M also sure thatour economic relationship will only grow broader and deeper building on the conversations we had and the ideas we heard from uk and us businesses when we met them earlier today, tomorrow we will sit down in portsmouth with our fellow leaders to reaffirm, reaffirm the Enduring importance of the western alliance and the shared values that underpin it and as we look to the future in the years and in the generations ahead, we will continue to work together to preserve the alliance. That is the bedrock of our shared prosperity and security. Just as it was on the beaches of normandy 75 years ago, mr. president, well, thank you prime minister may lonnie and i are honored toreturn to london, as our nations commemorate the 75th anniversary of d-day in world war. Two we want to thank her majesty the queen, who i had a lovely dinner with last night, a fantastic person, fantastic woman for so graciously inviting us to this state visit. It was very, very special, our thanks as well to prime minister and mr. may for the warm welcome they've given the first lady and me as we remember the heroes who laid down their lives to rescue civilization itself on june 6th 1944. Tens of thousands of young warriors left the shores by the sea and air to begin the invasion of normandy and the liberation of europe and the brutal nazioccupation. It was a liberation like few people have seen before. Among them were more than 130,000 american and british brothers. In arms, through their valor and sacrifice, they secured our homelands and save freedom for the world tomorrow, prime minister may and i will attend a commemoration ceremony in portsmouth. One of the key embarked asian points for the invasion.

More than one and a half million american servicemembers was stationed right here in england in advance of the landings that summer. The bonds of friendship forged here and sealed in blood on those hallowed beaches will endure forever. Our special relationship is grounded in common history, values, customs, culture, language and laws. Our people believed in freedom andindependence as a sacred birthright and cherished inheritance worth defending at any cost. As the prime minister and i discussed in our meetings today and yesterday, the united states and the united kingdom share many goals and priorities around the world. I want to thank the people of the united kingdom for their service and partnership in our campaign to defeat isis. As we announced a few months ago, isis's territorial caliphate in syria in iraq has been completely obliterated defeated. The united kingdom is also a key partner in nato. The prime minister and i agree that our nato allies must increase their defence spending. We'Ve both been working very hard toward that end and we are very currentand. Some of them are not. We can't allow that to happen, but i appreciate everything you've done in that regard.

We expect a growing number of nations to meet the minimum 2 percent of gdp requirement to address today's challenges. All members of the alliance must fulfill their obligations. They have no choice. They must fulfill their obligation among the pressing threats facing our nations. Is the development and spread of nuclear weapons? Perhaps that's our greatest threat. The united states and the united kingdom are determined to ensure that iran never develops nuclear weapons and stop supporting and engaging in terrorism, and i believe that will happen in protecting our nation's. We also know that the border securityis national security today the prime minister and i discussed our thriving economic relationship. Both countries are doing very well and participated in a roundtable with industry and business leaders, i can say, probably the biggest business leaders anywhere in the world. Our nations have more than 1 trillion dollars invested in each other's economics. The united kingdom is america's largest foreign investor in our largest european export market. That'S a lot of importance. As the uk makes preparations to exit the european union, the united states is committed to a phenomenal trade deal between the u.

s. and the uk. There is tremendous potential in that trade deal. I say probably two and even three times of what we're doingright now tremendous potential. 75 years ago, this thursday, courageous americans and british patriots set out from this island toward history's most important battle. They stormed forward out of ships and airplanes, risking everything to defend our people and to ensure that the united states and britain would forever remain sovereign and forever remain free. Following this press conference, prime minister may mr. may the first lady my family, and i will visit the legendary churchill war rooms beneath the streets of london. I look forward to that in his famous speech on this day. In june 1940, prime minister churchill urge his countrymen to defend our island, whatever the cost may be, as we mark this solemn anniversary ofd-day. We remember that the defense of our nations does not begin on the battlefield, but within the heart of every patriot today. Let us renew our pledge engraved at the american cemetery in normandy and inscribed by president dwight eisenhower in st.

paul's cathedral right here in london that the cause for which they died shall live. Prime minister, may it's been a true honor. I have greatly enjoyed working with you. You are a tremendous professional and a person that loves your country dearly. Thank you very much, really an honor. Thank you for the invitation to memorialize our fallen heroes and for your partnership in protecting and advancing the extraordinary alliance between the american and the britishpeople. It'S the greatest alliance. The world has ever known. Thank you, prime minister. Thank you, [ applause. ]. Thank thank you.

Now we are going to take two questions from the uk media and two questions from the american media i'll start with beth rigby. Thank you. Thank you, prime minister president trump beth rigby from sky news. For you, president trump. As you hold talks with the current prime minister, the leader of her majesty's opposition, has been addressed in a protest rally against your visit in trafalgar square. He says, he's disappointed. You attacked the london mayor and he criticized your record on refugees. What do you have to say to him and is this man someone you coulddo a trade deal with and to you, prime minister, do you think that sadiq khan is a stone-cold loser? Thank you. You'Re talking about the mayor of london is that who you said yes well, i think he's been a not very good mayor from what i understand he's done. A poor job crime is up a lot of problems and i don't think he should be criticising a representative of the united states that can do so much good for the united kingdom. We talked about it before he should be positive, not negative, he's a negative force, not a positive force, and if you look at what he said, he hurts the people of this great countryand. I think he should actually focus on his job.

It'D be a lot better. If he did that, he could straighten out some of the problems that he has and probably some of the problems that he's caused. Thank you good night. He wanted to meet with me and i told him. No, yes! Well i don't know. Jeremy corbyn never met him. Never spoke to him, he wanted to meet today or tomorrow, and i i decided that i would not do that. I think that he is from where i come from somewhat of a negative force. I think that the people should look to do things correctly, as opposed to criticize i really don't like criticsas much as i like and respect people that get things done, so i've decided not to meet as far as the protests. I have to tell you, because i commented on yesterday: we left the prime minister, the queen, the royal family. There were thousands of people on the streets cheering and even coming over. Today there were thousands of people cheering, and then i heard that there were protests.

I said: where are the protests? I don't see any protests. I did see a small protest today when i came very small, so a lot of it is fake news i hate to say, but you saw the people waving the american flag waving your flag. It wastremendous spirit and love. There was great love, there was an alliance and i didn't see the protesters until just a little while ago, and it was a very, very small group of people put in for political reasons, so it was fakeness. Thank you, and i would say to both the mayor of london and to jeremy corbyn. The discussions that we have had today are about the future of this most important relationship between the u. s. and the uk, as the president described it. The greatest alliance. The world has seen it is this deep special relationship and partnership between the united states in the united kingdom that ensures our safety and security and the safety and securityof others around the world. And it is this relationship that helps to ensure there are jobs that employ people here in the uk and in the united states that underpins our prosperity and our future. That is a relationship we should cherish.

It is a relationship we should build on. It is a relationship we should be proud of, and this really is a very big important alliance and i think people should act positively toward it because it means so much for both countries means so much, and it's been so good, steve, holland, yes, thank you. Mister is that bond there? What is your current view on brexit, sir? She had britain leave the european unionif. There is no agreement by october 31st and for the prime minister, what would be the ramifications for the uk if there is not a deal? Well, i don't like to take positions in things that i'm not you know really. I understand the issue very well. I really predicted what was going to happen. Some of you remember that prediction. It was a strong prediction made at a certain location on a development. We were opening the day before it happened, and i thought it was going to happen because of immigration more than anything else, but probably it happens for a lot of reasons, but i would say yeah. I would think that it will happen. Andit probably should happen. This is a great great country and it wants its own identity.

It wants to have its own borders, it wants to run its own affairs. This is a very, very special place and i think it deserves a special place and i thought maybe for that reason and for others, but that reason it was going to happen yeah. I think it will happen and i believe the prime minister's brought it to a very good point where something will take place in the not-too-distant future. I think she's done a very good job. I believe it would be good for the country, yes and, from my point of view, i believe it is importantfor us to deliver brexit. We gave that choice to the british people. Parliament overwhelmingly gave the choice to the british people. We should now deliver on that choice. I continue to believe that actually it's in the best interest of the uk to leave the european union in an orderly way with a deal. I think we have a good deal. Sadly, the labour party and other mps have so far doctors from delivering brexit in that deal, but we will, but obviously this is an issue that is going to continue here in the uk. I think the important thing is we deliver brexit and once we're out of the european union, we will be able to dowhat we've been talking about today and develop not just that free trade agreement but abroad our economic partnership into the future matter.

Mr. president, are you prepared to impose limits on intelligence sharing with britain if they do not put in place some restrictions on huawei? No, because we're gon na have absolutely an agreement on huawei and everything else. We have an incredible intelligence relationship and we will be able to work out any differences. I think we're not gon na have we did discuss it. I see absolutely no limitations, we've never had limitations. This is a truly great ally and partner, and we'll have no problem with that. Okay, francis mr. president, francis daley from the times doyou agree with your ambassador that the entire economy needs to be on the table in a future trade talk, a trade deal, including the mhs and prime minister eu tempted to take the prime minister, the president of the World and stick around for a bit until a trade deal is done. I think we're going to have a great trade deal. Yes, i think we're going to have a great and very comprehensive trade deal. Look. I think everything with the trade deal is on the table when you, when you're dealing in trade everything's on the table, so nhs or anything else, they're a lot a lot more than that.

But everything will be on the tableabsolutely okay. But the point about making trade deals is, of course, that both sides negotiate and come to an agreement about what should or should not be in that trade deal for the for the future and as regards your second question, francis nice try. But but no look, i'm a woman of my word. Mr. president. Thank you. Mr. president, domestically in recent days, mexico has stepped up apprehensions and deportations of central american migrants. It'S good. This could possibly be in in response to your threat of tariffs. As mexico possibly b has mexico done enough to avoid tariffs which will be imposed in some six days from now and and but the threat is out therebut, we haven't really started. No.

This will take effect next week and what 9 %, and what do you think of republicans who say that they may take action to block you imposing those two? I don't think they will do that. I think if they do it's foolish, there's nothing more important than borders. I'Ve had tremendous republican support. I have a ninety percent. Ninety four percent approval rating as of this morning in the republican party, that's an all-time record. Can you believe that isn't that something i loved records, but we have a 94 percent approval rating in the republican party? I want to see security at our border. I'M gon na see great trade, i'm gon na seea lot of things happening, and that is happening and, as you know, mexico call they want to meet they're gon na meet on wednesday secretary pompeo is going to be at the meeting along with a few others that Are very good at this and we are going to see if we can do something. But i think it's more likely that the tariffs go on and we'll probably be talking during the time that the tariffs are on and they're going to be paid. And if they don't step up and give us security for our nation, look millions of people are flowing through mexico. That'S unacceptable millions and millions of people are coming right through mexico, it's a2,000 mile journey and they're coming up to our border and our border patrol, which is incredible, they're apprehending them, but our laws are bad because the democrats don't want to pass laws that could be Passed in 15 minutes that could be passed quickly in one day it could change, but even beyond the laws. Mexico shouldn't allow millions of people to try and enter our country, and they could stop it very quickly and i think they will and if they won't we're going to put tariffs on and every month those tariffs go from five percent to ten percent to fifteen percent. To twenty and then to twenty-five percent, and what will happen then is all ofthose companies that have left our country and gone to mexico are going to be coming back to us and that's: okay, that's okay, but i think mexico will step up and do what they Should have been done and i don't want to hear that mexico is run by the cartels and the drug lords and the coyotes.

I don't want to hear about that. A lot of people are saying that mexico has something to prove, but i don't want to hear that they're run by the cartels. You understand you report on it all the time. A lot of people do. I would be a terrible thing. Mexico should step up and stop this onslaught. This invasioninto our country, john mr. mayor, you tried three times to get a deal on brexit at this point. Do you believe that a deal on brexit is possible, or is this a gordian knot? President trump says that you didn't take his advice in terms of negotiation, should you have would that have made a difference in president trump? If i could ask a follow-up, you had a conversation with boris johnson. Could we ask what you spoke about and will you meet with michael gove today? Well, first of all, on the first issues i said in answer to an earlier question, i still believe i personally believe that it is in the best interest of the ukto leave the european union with a deal. I believe there is a good deal on the on the table. Obviously it will be for whoever succeeds me as prime minister to take this issue forward.

What is paramount, i believe, is delivering on brexit for the for the british people, and i seem to remember the the president suggested that i sued the european union, which we didn't do we went into negotiations and we came out with a good deal dude. But that's. Okay, i would have sued and settled maybe, but you never know, she's, probably a better negotiator than i am jeremy, but you know what she has got it in a sense, john, that dealis teed up. I think that these really teed up, i think they have to do something, and perhaps you won't be given the credit that you deserve if they do something, but i think you deserve a lot of credit. I really do. I think you deserve a lot of credit. Okay, yes, john, so i know boris, i like him. I'Ve liked him for a long time he's. I think he'd do a very good job. I know jeremy, i think you'd do a very good job. I don't know michael, but would he do a good job? Jeremy time good, thank you very much everybody. Thank you.

Thank you very much. You.

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