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Post-Brexit trade deal with US could take 10 years, Obama warns Post-Brexit trade deal with US could take 10 years, Obama warns
(35 minutes later)
The UK could take up to 10 years to negotiate trade deals with the US if it leaves the EU, Barack Obama has said.The UK could take up to 10 years to negotiate trade deals with the US if it leaves the EU, Barack Obama has said.
In a BBC interview, the US president said: "It could be five years from now, 10 years from now before we were able to actually get something done."In a BBC interview, the US president said: "It could be five years from now, 10 years from now before we were able to actually get something done."
It came a day after he said the UK would be at "the back of the queue" for US trade deals in the case of Brexit.It came a day after he said the UK would be at "the back of the queue" for US trade deals in the case of Brexit.
Earlier, speaking in London, he urged young people to "reject pessimism and cynicism".Earlier, speaking in London, he urged young people to "reject pessimism and cynicism".
More from President Obama's exclusive interview can be seen from 0600 BST across BBC News outlets More from President Obama's exclusive interview can be seen from 0600 BST on Sunday 24 April across BBC News outlets
He also visited the Globe theatre where he watched actors perform scenes from Hamlet as part of events to mark the 400th anniversary of the death of Shakespeare, and had a meeting with Labour leader Jeremy Corbyn.He also visited the Globe theatre where he watched actors perform scenes from Hamlet as part of events to mark the 400th anniversary of the death of Shakespeare, and had a meeting with Labour leader Jeremy Corbyn.
His trade deal comments on Friday angered Leave campaigners.His trade deal comments on Friday angered Leave campaigners.
UKIP leader Nigel Farage accused him of doing Downing Street's "bidding" and "talking down Britain", and Tory Liam Fox said his views were "irrelevant".UKIP leader Nigel Farage accused him of doing Downing Street's "bidding" and "talking down Britain", and Tory Liam Fox said his views were "irrelevant".
The UK's referendum on whether the UK should stay in the European or leave will take place on 23 June.The UK's referendum on whether the UK should stay in the European or leave will take place on 23 June.
Taking questions from young people at Lindley Hall in London, Mr Obama said: "If any of you begin to work on an issue that you care deeply about, don't be disappointed if a year out things haven't been completely solved.Taking questions from young people at Lindley Hall in London, Mr Obama said: "If any of you begin to work on an issue that you care deeply about, don't be disappointed if a year out things haven't been completely solved.
"Don't give up and succumb to cynicism if after five years poverty has not been eradicated and we haven't resolved all of the steps we need to take to reverse climate change.""Don't give up and succumb to cynicism if after five years poverty has not been eradicated and we haven't resolved all of the steps we need to take to reverse climate change."
Progress is "not inevitable" but must be fought for over the long term.Progress is "not inevitable" but must be fought for over the long term.
Mr Obama said it was "inspiring" meeting young people, who gave him "new ideas".Mr Obama said it was "inspiring" meeting young people, who gave him "new ideas".
Asked about security and attitudes to Muslims, he said keeping people safe and preventing terrorist attacks in the US and UK was "one of our biggest challenges".Asked about security and attitudes to Muslims, he said keeping people safe and preventing terrorist attacks in the US and UK was "one of our biggest challenges".
Mr Obama also praised Prime Minister David Cameron for being "ahead of the curve" on LGBT rights issues.Mr Obama also praised Prime Minister David Cameron for being "ahead of the curve" on LGBT rights issues.
Asked about his legacy as president, Mr Obama said he would not have a sense until 10 years from now.Asked about his legacy as president, Mr Obama said he would not have a sense until 10 years from now.
He mentioned changes he had made to the US healthcare system: "That's something I'm proud of. And saving the world economy from a great depression, that was pretty good."He mentioned changes he had made to the US healthcare system: "That's something I'm proud of. And saving the world economy from a great depression, that was pretty good."
Asked about skills in dealing with political opponents and finding middle ground, Mr Obama said: "If you spend time with people who just agree with you, you become even more extreme in your convictions."Asked about skills in dealing with political opponents and finding middle ground, Mr Obama said: "If you spend time with people who just agree with you, you become even more extreme in your convictions."