Theresa May's Brexit deal 'will cost United Kingdom £100bn' by 2030

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President Donald Trump said U.K. Prime Minister Theresa May's Brexit agreement could jeopardize the country's ability to trade with the U.S.

However, responding to Mr Trump's comments, a Downing Street spokesman said the Brexit withdrawal agreement struck on Sunday would allow the United Kingdom to sign bilateral deals with countries including the US.

"Because right now if you look at the deal, they may not be able to trade with us". Leaders generally dislike the departure but now want to pin down the deal to free them to focus on other, more pressing problems such as populism, struggling economies and Russian Federation.

While over 500,000 people marched in London to ask for a second Brexit referendum, May said last week that she has categorically ruled out holding a second vote as long as she is Britain's prime minister.

The EU has also been clear - there is very little appetite to reopen the Brexit negotiations if parliament votes it down.

"We can not go on any more with this hopeless can't-do spirit; this reflexive negativity and defeatism that so woefully underestimates the courage and creativity of the British people", he lamented.

Mr Fouchet had applied to annul to decision of the Council of the European Union authorising Brexit negotiations, on behalf of 13 British citizens living in several European Union states who could not vote in the referendum because they had been living outside the United Kingdom for more than 15 years.

Mrs May added: "This deal avoids a hard border between Northern Ireland and Ireland".

Bank of england brexit scenarios
Bank of England

The 585-page deal is created to keep the United Kingdom within the EU's economic orbit through a transitional period, after which those ties will slowly weaken.

"I believe that the British government will succeed in securing the backing of the British Parliament", he added, declining to comment on what might happen if Mrs May fails.

Former May loyalist Michael Fallon said the government was asking parliament to "take a huge gamble" and "surrendering our (EU) vote and our veto without any firm commitment to frictionless trade". Leaving without a deal could lower output per head as much as 8.7 percent.

More disconcerting for Mayt is a growing and more vocal chorus of resentment from her own Conservative Party, whose MP Mark Francois said her deal was "as dead as a Dodo".

According to the report, remaining in a customs union beyond the transition period, possibly through invoking the so-called Irish backstop, would still reduce GDP by 2.8 per cent a year, the equivalent of £70 billion a year, while an orderly no deal departure from the EU would lessen GDP by 5.5 per cent, or £140 billion a year.

It has been revealed Parliament would vote on the agreement on December 11 - giving the PM just two weeks to convince doubters to back her controversial plan.

They said that they were denied a vote in the 2016 referendum that decided on Britain's withdrawal from the European Union even though that move would deprive them of rights as European Union citizens. "We should bank what is sensible in the Withdrawal Agreement and the political declaration, on citizens, on mutual recognition of qualifications, home and foreign policy co-ordination and so on", he wrote.

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