HomeEconomyBiden not concerned about UK upheaval hurting the U.S. economy

Biden not concerned about UK upheaval hurting the U.S. economy

WASHINGTON (Reuters) -U.S. President Joe Biden on Thursday said he was not worried about the UK’s political upheaval from the resignation of British Prime Minister Liz Truss hitting the U.S. economy.

“The United States and the United Kingdom are strong Allies and enduring friends — and that fact will never change,” Biden wrote in a statement after Truss announced her departure next week.

“I thank Prime Minister Liz Truss for her partnership on a range of issues including holding Russia accountable for its war against Ukraine. We will continue our close cooperation with the U.K. government as we work together to meet the global challenges our nations face,” Biden wrote.

The U.S. president, later asked about the political turmoil of one of the United States’ closest allies, told reporters as he departed the White House that he was not concerned the UK leadership issue would impact the American economy.

The two countries have been partners on a range of issues, including addressing Russia’s invasion of Ukraine.

Biden’s top aide earlier said he expected the United States to maintain a close relationship with whoever replaces Truss.

“That’s going to continue,” White House chief of staff Ron Klain told MSNBC in an interview.

(Reporting by Nadita Bose, Katharine Jackson and Doina Chiacu; Additional writing by Susan Heavey; Editing by Chizu Nomiyama and Lisa Shumaker)

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