Skip to content
Saturday 12 September 2026London --:--Frankfurt --:--Zurich --:--
NewslettersSearchEN · DE · FR
MorningWire

European business, markets and politics

FTSE 100
10,650.44
+0.39%
DAX
25,568.56
+0.82%
CAC 40
8,179.77
+0.78%
STOXX 50
6,325.13
+0.90%
  • Europe
  • Markets
  • Business
  • Economy
  • Regulation
  • Politics
  • Opinion
More
GermanyFranceEU InstitutionsCompetitionPublic AffairsBankingTechnologyEnergy
  • Germany
  • France
  • Europe
  • Markets
  • Business
  • Economy
  • Regulation
  • Politics
  • Opinion
  • DE
Monday 09 July 2018 4:00 pm  |  Updated:  Friday 24 May 2019 7:54 pm

US ambassador Woody Johnson warns that trade deal is ‘up in the air’ after Chequers plan unveiled

By: Catherine Neilan

Add as a preferred source on Google

The US ambassador has warned that a post-Brexit free trade deal is "totally up in the air" after the details of Theresa May's Chequers plan emerged this weekend.

The new policy – which the Prime Minister hailed on Friday evening as "business-friendly" – is based around a common rule book for industrial goods and agricultural products. This is the main reason given by David Davis for resigning as Brexit secretary late last night. He was replaced by Dominic Raab this morning.

Ahead of Friday, several Cabinet ministers raised concerns with it on the basis that it might threaten the chances of getting a good deal with the US. Davis was said to be "absolutely livid" with the proposals while foreign secretary Boris Johnson reportedly described the situation as "polishing a turd".

This morning the US issued its verdict and it appears Brexiters were right to fear the impact.

Woody Johnson, Trump's ambassador to the UK, told the BBC: "I would say that the bilateral agreement, whether we have one or not, is totally up in the air at this point."

Last week, he had said it was a priority for the US – but now he warned the UK's position was "a lot more complicated".

Meanwhile the European Commission has shrugged off the impact of Davis and Johnson's resignations.

President Jean-Claude Juncker quipped: "This clearly proves that at Chequers there was unity of views in the British Cabinet."

European Council Donald Tusk said: "Politicians come and go but the problems they have created for people remain. I can only regret that the idea of Brexit has not left with Davis and Johnson. But…who knows?"

The commission's chief spokesman Margaritis Schinas told journalists there would be no disruption to the process, saying "we are here to work” and that the Commission was "available 24/7”, including over the summer.

He added: "In this house it is very clear that our position has always been very cool. We avoided positioning the commission in terms of psychological elements – concern, enthusiasm, disappointment and so on. We are here to do a job."

Share this article

  • Facebook
  • X
  • LinkedIn
  • WhatsApp
  • Email

Similarly tagged content:

Sections

  • News

Categories

  • Business
  • Politics

Trending Articles

  • Serie A won’t catch the Premier League by selling its rights better

  • Last Night, a Star-studded Evening Celebrating Moncler’s Fifth Avenue Flagship Ushered in a New Chapter in the Brand’s Enduring Love Story With New York

  • Crystal Palace agree deal with HSBC that paves way for new training ground

  • Lotus, Porsche and Corvette: the best sports cars to buy in 2026

  • Claridge’s swings to £10m loss as luxury hotel warns on ‘adverse impact’ of tax hikes

More from Morning Wire

  • As Sir Keir Starmer quits parliament, will Zack Polanski replace him?

    Politics
    Keir Starmer addressing the media at a press conference, wearing a navy suit, discussing recent political developments.
  • A Gulf Trade Agreement could accelerate UK data centre development

    Partner
  • Where Mbappe will go if he breaks up with Nike

    Sport Business
    Kylian Mbappé in a blue France soccer jersey with number 10, celebrating a goal on a green field.
  • Here’s how the City competes in an unpredictable world

    Opinion
    London skyline with The Shard, Walkie Talkie, and Gherkin skyscrapers towering over residential buildings and autumn trees.
  • As it happened: FTSE 100 jumps as oil falls back; Warsh says ‘work to do’ on inflation

    FTSE 100 Live
  • Brompton Bicycle sues former adviser for ‘professional negligence’

    Lawsuit
    Six Brompton folding bicycles in various colors displayed in individual black cubbies.
  • Jamie Vardy bags Bundesliga rights as he steps up streaming war with Neville and Lineker

    Sport Business
    Man in a green hoodie speaking into a microphone, with a 5000 sign in the background.
  • On this day: Animal Farm is published

    Opinion
    Black and white image of pigs in wooden pens, facing each other across a narrow, muddy aisle on a farm.
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