UK Election: Possible setback for Theresa May – British Pound tumbled 1.7 % - Having EU Cake and Eating It Too
The lower house of the British Parliament passed the controversial trade bill after May gave in to hardliner demands. The prime minister has been struggling to find common ground within her own party over Brexit.
The US president had said earlier this week that May did not pay heed to his "brutal" advice on Brexit negotiations. May's revelations follow a damning critique of her exit plans by Trump.
Donald Trump and Theresa May's bilateral meeting had been marred by reports of criticism he leveled against her in the British press. Trump affirmed that both countries enjoyed the "highest level" of closeness.
Britain has presented its model for a next-generation fighter jet at the Farnborough Air Show. It would rival a similar France-led project, as the UK tries to maintain its military prowess in a post-Brexit world.
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