EXCLUSIVE: As US President Donald Trump visits the UK, a Prosperity Institute report warns that EU regulations could hinder US-UK trade deals and increase costs for UK exports.

U.S. President Donald Trump on Friday said there was a 50-50 chance that the United States would reach a trade agreement with the European Union. Trump spoke to reporters as he left the White House to head to Scotland for several days of golfing and bilateral meetings.

The most important skill in European politics is the ability to pretend that all is well. In London, Paris, Berlin and a dozen other capitals, the order of the day is continuing the series of polite lies that exculpate a generation of politicians from bearing responsibility for their failures.