'Delusional' for Brexit Britain to expect US trade deal, says former US Secretary | GNN HD News GNN - Pakistan's Largest News Portal

'Delusional' for Brexit Britain to expect US trade deal, says former US Secretary

'Delusional' for Brexit Britain to expect US trade deal, says former US Secretary
It is "delusional" for Britain to expect a favorable trade deal with the United States, a former US treasury chief said in the wake of recent UK-US relations.

Larry Summers, former US treasury secretary and ex-director of the National Economic Council in President Barack Obama's administration, told BBC's Radio 4 that Britain has "no leverage" in any trade negotiations and should not hope to be prioritized in a trade deal with the US.

His comments come as Britain's new foreign secretary embarks on his second major overseas trip since being appointed by Prime Minister Boris Johnson.

His trip started in Toronto on Tuesday before moving on to Washington on Wednesday and Mexico City on Thursday.