"I would think that it will happen and it probably should happen," Trump said during a joint press conference with British Prime Minister Theresa May. "This is a great, great country. It wants its own identity. It wants to have its own borders. It wants to run its own affairs. I believe it would be good for the country."

The president said that the United States is committed to inking a "phenomenal trade deal" with the United Kingdom after it leaves the European Union.

Trump added that the deal would open up tremendous potential and allow the two countries to boost bilateral trade to "two or even three times of what we are doing right now".

The United Kingdom remains deadlocked over Brexit, as the UK parliament has rejected the withdrawal agreement negotiated by Prime Minister Theresa May with the European Union. The bloc has repeatedly said it would not renegotiate the withdrawal agreement. The United Kingdom did not leave the European Union on March 29 as originally expected and was instead given a new deadline October 31.

Last month, Prime Minister Theresa May announced that she would step down as leader of the Conservative party and, subsequently, as Prime Minister, on June 7, after failing to achieve a consensus on Brexit in parliament and within her own party.