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GBPUSD: Sterling Slips After Latest Brexit Votes Approve Deadline Pushback

GBPUSD: Sterling Slips After Latest Brexit Votes Approve Deadline Pushback

Trump said he is "surprised" at how poorly the Brexit negotiations have gone, noting he gave May ideas on how to proceed through the talks but said she rejected the proposals.

British lawmakers on Thursday voted to seek an extension to the country's Brexit deadline, throwing further doubt on the U.K.'s impending divorce from the European Union.

But it warns that if her Agreement is rejected for a third time - following overwhelming defeats by 230 votes in January and 149 votes this week - any extension would have to be longer and would involve the United Kingdom taking part in European Parliament elections in May. She didn't listen to that, and that's fine.

"I think it could have been negotiated in a different manner, frankly", Trump said.

He also said another vote on Brexit would be unfair, and reiterated that he would like to see a US trade deal with the United Kingdom after it leaves the EU.

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Speaking in the Oval Office alongside Irish premier Leo Varadkar, Mr Trump said Brexit was "tearing a lot of countries apart". Varadkar opposes Britain's European Union exit and expressed concern about how such a move would affect Northern Ireland.

A spokesman for the People's Vote campaign said they regard the second referendum call, tabled by Independent Group MP Sarah Wollaston, as premature. "Everything does. One way or the other, it's going to work out". Trump had taken that step so he could spend money that lawmakers refused to give the administration specifically to build a wall there.

The leaders met in the Oval Office before being hosted by House Speaker Nancy Pelosi at the Capitol for the annual "Friends of Ireland" lunch.

Speaking about the contributions of Irish-Americans, Pelosi quoted Republican President Ronald Reagan as saying USA leadership would be lost "if we ever close the door to new Americans".