UK 'is doing great' following Brexit vote: Trump promises quick US-UK trade deal

Trump has promised a US-UK trade deal
Trump has promised a US-UK trade deal

President-elect Donald Trump has said the UK is 'doing great' following its vote to leave the EU, and promised a quick trade deal between the US and UK.

In his first UK interview - with former Justice Secretary Michael Gove for the Times - Mr Trump said he thought the UK was "so smart in getting out".

Mr Trump promised a quick trade deal between the US and the UK after he takes office on Friday.

Outgoing US President Barack Obama said in April last year that the UK would be "at the back of the queue" if it quit the EU.

Mr Trump said: "Countries want their own identity and the UK wanted its own identity, but I do think if they hadn't been forced to take in all of the refugees then you wouldn't have a Brexit."

In his interview, Mr Trump talked about the recent dip in the value of the pound. "The fact that your pound sterling has gone down?" he said. "Great, because business is unbelievable in a lot of parts in the UK, as you know. I think Brexit is going to end up being a great thing."

Trump has previously suggested positive stances on the UK leaving the EU. It opens the door for the UK to negotiate its own bilateral trade deal with the US, therefore giving the UK access to the largest meat and dairy producer in the world, while providing the US access to the most advanced and sophisticated grocery market in the world.

Farming under Trump is likely to continue on a track of high-volume, low-cost commodity production, relying heavily on exports. He has said that he will reduce the power of government bureaucrats and increase the freedom of farmers to be as productive as possible.

Read more: What does a Trump victory mean for farming?