Skip to content
Sunday 6 September 2026London --:--Frankfurt --:--Zurich --:--
NewslettersSearchEN · DE · FR
MorningWire

European business, markets and politics

FTSE 100
10,831.09
0.00%
DAX
26,046.40
+0.17%
CAC 40
8,278.77
-0.09%
STOXX 50
6,392.93
+0.16%
  • Europe
  • Markets
  • Business
  • Economy
  • Regulation
  • Politics
  • Opinion
More
GermanyFranceEU InstitutionsCompetitionPublic AffairsBankingTechnologyEnergy
  • Germany
  • France
  • Europe
  • Markets
  • Business
  • Economy
  • Regulation
  • Politics
  • Opinion
  • DE
Saturday 12 November 2016 8:43 am

Theresa May would be “delusional” to think Donald Trump election can help post-Brexit trade deal with US, says top German politician

By: William Turvill

Add as a preferred source on Google

Theresa May’s government would be “delusional” to think Donald Trump’s presidency will be good for the UK as it seeks a post-Brexit trade deal with the US, one of Germany’s most senior politicians has warned.

The Prime Minister congratulated Trump on winning the election this week, saying: “[The UK and US] are, and will remain, strong and close partners on trade, security and defence.

Read more: These are Donald Trump's policies on tax, trade deals, China and M&A

"I look forward to working with President-elect Donald Trump, building on these ties to ensure the security and prosperity of our nations in the years ahead.”

Axel Schafer, a leading member of the Social Democratic Party and Brexit adviser in Berlin, told the Times: “What changed [with Trump’s election] is the likelihood of a speedy and preferential trade deal between UK and US… Even before Tuesday the chances were rather low, now the hope for this kind of deal seems delusional.”

He added: “With a more inward-looking Trump administration, it is in United Kingdom’s own interest to seek close co-operation with their EU partners in this field.”

Read more: Hammond vows "constructive" relationship with Trump but warns over tariffs

Earlier this month, the Council of Economic Experts advised the German government that the best outcome from Brexit negotiations would be no Brexit.

[custom id="186"]

Share this article

  • Facebook
  • X
  • LinkedIn
  • WhatsApp
  • Email

Similarly tagged content:

Sections

  • Markets & Economics
  • News

Categories

  • Business
  • Economics
  • Politics

Related Topics

  • International

Trending Articles

  • Victoria Beckham owed £350,000 by Harvey Nichols

  • Iceland boss Richard Walker vows to set up shop on Falkland Islands

  • Don’t underestimate the free trade agreement Britain just joined

  • £74m for branded condoms? UK must stop spaffing cash on foreign aid

  • Britain ‘taxing itself to death,’ Burnham warned

More from Morning Wire

  • Donald Trump is creeping towards a shrewd sanctions policy

    Opinion
    Donald Trump holding a red TRUMP 2028 hat, wearing a tuxedo with an American flag in the background
  • As It Happened: Stocks dip as oil’s ‘slowing demand’ in focus; Iran threatens to extend war

    FTSE 100 Live
    People on a beach with cargo ships and a small boat in the Strait of Hormuz
  • As it happened: UK stocks cool after Astrazeneca drags; Trump and Iran clash over peace talks

    FTSE 100 Live
    Donald Trump speaking at a desk, gesturing with hands, wearing a dark suit and red tie.
  • Trump speaks up for Infantino at last as Fifa boss fights world football rebellion

    Sport Business
    Donald Trump in a white USA hat, blue suit, and white shirt, making a fist, with a presidential seal visible
  • As it happened: FTSE 100 drops as oil prices rise after Trump makes Hormuz threat

    FTSE 100 Live
    Donald Trump speaking at a podium, microphone visible, discussing the Strait of Hormuz
  • Trump-linked Kushner and ex-Disney boss to buy £9bn LA Lakers from Chelsea co-owner

    Sport Business
    Luka Dončić in a purple Lakers jersey with number 77, smiling on a basketball court
  • As it happened: Intel, Arm shares slide; Oil climbs higher

    FTSE 100 Live
    Donald Trump smiling and holding a small golden ball, wearing a blue suit and red tie.
  • Trump suspends strikes amid new peace hopes

    Politics
    Donald Trump speaking at press conference podium, addressing media with serious expression, American flags in background
MorningWire

Independent European business, markets and political news for decision-makers.

Morning Briefing

Europe

  • Germany
  • France
  • EU Institutions
  • Europe

Business

  • Markets
  • Business
  • Economy
  • Regulation
  • Competition
  • Public Affairs

Editorial

  • Opinion
  • Editorial Policy
  • Corrections
  • Contact

Company

  • About Morning Wire
  • Privacy Policy
  • Terms of Use
  • Cookie Policy
© 2026 Morning Wire Ltd · Published by Morning Wire Media, Bahnhofstrasse 65, 8001 Zürich, Switzerland
Privacy · Terms · Cookies · Facebook