Yahoo Finance Trump and May to talk trade, climate change, and Huawei
The “big” trade deal that US president Donald Trump says is possible once the UK “gets rid of the shackles” will be high on the agenda during his bilateral meeting with prime minister Theresa May on Tuesday.
So too will climate change, the Iran nuclear agreement, and the role of Chinese multinational Huawei in the UK.
But it is unlikely that anything substantial will be agreed during the meeting, which is set to be Trump’s last with May — who is set to step down as prime minister later this week.
The two leaders will eschew one-to-one talks in favour of a larger meeting with senior officials and ministers at St James’s Palace.
In a statement on Monday, the White House said that Trump supports Brexit “being accomplished in a way that will not affect global economic and financial stability while also securing independence to the United Kingdom.”
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May is expected to call on both sides to sign a bilateral trade deal after Brexit and “to work together to underpin, shape and influence the global economy and its rules and institutions.”
She will also challenge Trump’s position on climate change, with a spokesperson for Downing St noting that tackling climate change was a UK “priority.”
“As the prime minister has said previously, we were disappointed by the US decision to withdraw from the Paris Agreement in 2017 and continue to hope they will return,” they said.
Trump, who has barred Huawei from the US, will apparently warn May that there may be problems with intelligence sharing if the UK allows the company to supply “non-core” components of the country’s 5G network.
He will also try to convince May that the UK should also pull out of the Iran nuclear deal and back the Middle East peace deal being shepherded by his son-in-law Jared Kushner.
Both leaders will also meet with executives from the world of business, including BAE Systems, GlaxoSmithKline, National Grid, Barclays, JPMorgan Chase and Goldman Sachs.
Last night, Trump praised the “eternal friendship” between the UK and US at a state banquet at Buckingham Palace.
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