The governor of the Bank of England, Andrew Bailey, has said the UK must do "everything we can" to rebuild trade with the EU.
Bailey told the BBC, the UK-US trade deal will be "beneficial" for closer ties with Europe, in an effort to "rebuild" relationships with our neighbours.
He said: "It is important we do everything we can to ensure that whatever decisions are taken on the Brexit front do not damage the long-term trade position.
"So I hope that we can use this to start to rebuild that relationship."
Andrew Bailey said he 'hopes [the UK] can use [the trade deal] to start to rebuild that relationship'
PAThe governor explained that the deal is an example to all nations that "trade deals are important and can be done".
Bailey added: "Honestly, it seems an unpromising landscape at times. I hope that we can use these deals to rebuild the world trading system."
In response, Reform UK MP Lee Anderson told GB News: "Andrew Bailey is the perfect example of a man putting his own interests and the interests of foreign governments before the British public.
"We fought hard for Brexit, and people like Andrew continue to undermine our independence, sovereignty, and freedom by pushing for greater dependence on the EU.
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"The British people do not want greater reliance on the EU. They want a government that prioritises the national interest, free from foreign interference."
The MP for Ashfield said Brexit has "rested our ability to strike independent trade deals" and it "strengthens international relationships and enhances our standing on the global stage."
He added: "Only Reform UK will ensure we capitalise on the full range of opportunities that Brexit has unleashed."
The UK-US trade deal was announced yesterday via a phone call between Sir Keir Starmer and Donald Trump.
Lee Anderson was critical of Bailey's comments
PAThe details of the deal include car tariffs being cut down to 10 per cent from 27.5 per cent.
A 25 per cent tariff on steel and aluminium imports, which the US has scrapped after coming into effect from March.
Food-wise, the UK has scrapped a 20 per cent tariff on US beef exports and raised a quota of 1,000 metric tonnes to 13,000.
Further details are still to come out from the deal. Some MPs have been critical of the agreement, including Conservative leader Kemi Badenoch, who said: "We are now in a worse position than where we were in March."
