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Brexit a 'very big disadvantage' for UK, says Hillary Clinton

Hillary Clinton suggested that commercial ties with the EU could not be replaced by a new trading relationship with the United States under Trump

AFP | PTI  |  London 

Hillary Clinton
Hillary Clinton

said would put at a "very big disadvantage" and force companies to move resources to continental Europe, in an interview aired today.

leaving the European Union could cause serious disruption for the country as it tries to reorder its trading relationships, she told BBC television.


"I think it would be a very big disadvantage to Britain," said Clinton, the candidate who lost to in last year's US presidential election.

"No deal meaning no preferential trade deals, which means products in would not have the kind of easy access to the European market that you've had under membership.

"It could very well mean that there would be more pressure on businesses in Britain, if not to leave completely, at least (to) also have sites and employment elsewhere in

"The disruption for could be quite serious," the former US secretary of state said.

As Britain's divorce discussions with the stumble on, London now admits it is actively preparing to leave in March 2019 without agreeing a trade deal, which would mean operating on World Trade Organisation tariff rules.

Clinton suggested that commercial ties with the could not be replaced by a new trading relationship with the United States under Trump.

"You're making a trade deal with someone who says he doesn't believe in trade," she said.

negotiator said Thursday that and the bloc are stuck in a "disturbing deadlock" over London's financial settlement, although a breakthrough remains possible over the next two months.

He told reporters in Brussels that he could not recommend to leaders at a summit next week that negotiations move on from divorce issues to talks on a post-trade deal.

First Published: Sun, October 15 2017. 21:21 IST
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