Reporter To Trump: 'Are You Overstating The Reach And Significance' Of US-UK Trade Deal?

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Speaking to reporters in the Oval Office, President Trump was asked about the "reach and significance" of the US-UK trade deal.

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00:00James Matthews from Sky News.

00:02Can I ask, why Brazil and why now?

00:06And you've described this deal as a full and comprehensive deal,

00:10and yet we've just heard from Mr. Mandel,

00:12so it's the end of the beginning.

00:14Clearly, there's much more work still to do.

00:17With respect, are you overstating the reach and significance of this deal?

00:21Because you're a President who needs a result at a difficult time.

00:25I think that it's a great deal for both parties.

00:28It's for us. We've opened up.

00:30I didn't know how close it was.

00:32Quite close, the market, as you know, the UK.

00:35And it opens up a tremendous market for us,

00:38and it works out very well, very well.

00:41And a lot of assets, you see the chart, and those are tremendous assets.

00:47But we've been trying, and when you say, why us, meaning your country,

00:51we've been trying for years, and they've been trying for years to make a deal,

00:55including when I was in the, you know, first term.

00:58It would always be people talking, but they weren't getting it done.

01:02But for 25 years before that, they were trying always to make a deal,

01:07a very significant deal.

01:10I actually, until I looked at the numbers, I didn't realize this is a very conclusive deal.

01:15But we think we can grow it even from that.

01:17But this is a maxed out deal, not like you said it.

01:20You said it really incorrectly.

01:23This is a maxed out deal that we're going to make bigger.

01:26And we make it bigger through growth.

01:28But we have tremendous assets involved.

01:32I was surprised to see how big your country is in trade.

01:35Actually, one of the biggest in technology and so many other things.

01:39It's agriculture.

01:41I really didn't know.

01:42It's, depending on your definition, it's from four to five to six.

01:46It's pretty big in the world.

01:48So I was very impressed by that.

01:50But we're going to take it to new levels.

01:53It's a very big deal right now.

01:57But I think it is going to grow.

01:59Just of its own volition, it's going to grow.

02:01And over time, there'll be changes made.

02:04There'll be adjustments made because we're flexible.

02:07We'll see things that we can do even better.

02:10But it's very conclusive.

02:12And we think everyone's going to be happy.

02:14And the people of your country are going to be very impressed with the result.

02:20And they'll be able to buy from more people.

02:22They'll be able to price things differently.

02:24They'll be able to get some products that aren't available to them now

02:27that we make better than anybody in the world.

02:30And it's just something that it's a great thing that it came together.

02:34It's so nice because we have many countries who want to make a deal.

02:39And many countries are very unhappy that we happen to choose this one,

02:44to be honest with you.

02:45But it's a long time.

02:47Our oldest ally, or just about,

02:50I guess a couple of people claim that too.

02:53But let's put it right at the top.

02:55I think it's going to be something very special for UK and special for the United States.

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