British ministers in United States to 'fast-track' post-Brexit trade deal

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The Foreign Secretary chatted with Mr Trump in the Oval Office last night on a whistle-stop tour of North America as he seek to build support for Transatlantic trade deals after Brexit.

Markets are alarmed it will send shockwaves through the economy if Britain abruptly cuts ties with its closest trading partner overnight.

"What I am saying is it doesn't end of the 31st of October, if we have no deal we are going to have to talk and the first things on the agenda are going to be citizens' rights, the financial settlement and the solution to the Irish border, before we even start to talk about a free trade agreement".

Ms Truss has lined up meetings with the U.S.'s top American trade officials, telling media that "negotiating and signing an exciting new free trade agreement with the U.S.is one of my top priorities".

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"You should make necessary preparations now to minimize disruption to your business come October 31", Donohoe said, referring to the date Britain is due to leave the EU.

President Trump had told reporters after his first conversation with new Prime Minister Boris Johnson that a trade deal with post-Brexit Britain could be "three to four, five times" bigger than it is now.

He said that the need for the United Kingdom and the European Union to continue to work with each other will be there.

"But I think if the EU's position is that there can be no change to the withdrawal agreement, then that would be a choice that they've made, and that makes it very hard to see how we can move a negotiation forward".

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He was speaking amid reports suggesting there's now no prospect of fresh talks between the United Kingdom and the EU.

The Boris Johnson government and the European Union loathe each other.

"We appreciate the president's warmth and enthusiasm for the UK-US relationship", Raab said in a statement after their White House meeting.

The global trade secretary continued that her team was "fast-tracking this deal so that businesses are able to take advantage of the golden opportunity to increase trade with the U.S.as soon as possible". "We want to get formal talks moving quickly", she added.

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