Striking an unprecedented trade deal with one of the world’s largest economies is a good hard slap in the face of everyone who mocked him as some kind of blithering incompetent.

Just weeks after he forced a ‘reset’ on how the world’s great economies interact with each other — of a kind very different from the Mark Carney/Davos crowd would push for — his bold gambit is already delivering benefits.

The best part is the strengthening of trade in both directions, with both parties calling it a win-win.

We’ll let the Oval Office joint announcement speak for itself.

Because of Brexit, they were able to hammer out a deal without wading through mess of EU political wrangling.

The particulars on what tarrifs and access has changed can be found here.

A key point, raised by Peter Mandelson in the Q & A was that this is just the beginning on an agreement that will continue to grow into the future, with the expectation that some of the remaining barriers will continue to be reduced.

He also said that everyone said this effort was going to end in failure and tears, where, in fact it has done exactly the opposite.

The negotiator and the ambassador both made it clear that in the closing hours of the deal, Trump had a suggestion that would make it even grander and better for both sides, a suggestion nobody else had considered, which was adopted.

Rolls Royce was lifted as an example of how the needs of both parties were carefully balanced, with an allottment of 100,000 cars that the UK could offer at a reduced 10% tariff rate from the 25% everyone else pays.

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