Sterling falls as Trump signals soft Brexit will 'kill' UK's chances of US trade deal

Down 0.3% against the US dollar

Sterling was down in early morning trading after US President Donald Trump's commented on his visit to the UK that a "soft" Brexit, as signalled in the white paper released on Thursday, would "kill" any chances of a trade deal being made with the US.

Along with suggesting her Brexit strategy, which was put together last week, was the wrong way to go, he accused Prime Minister Theresa May of ignoring his advice on how to handle the negotiations during his ongoing visit to the UK. "I would have done it much differently. I actually told Theresa May how to do it, but she did not agree, she did not listen to me. She wanted to go a different route," Trump said. He also questioned whether May was putting together the same Brexit strategy the UK population voted on in June 2016. "The deal she is striking is a much ­different deal than ...