Speaking to the Canadian parliament during the ''Three Amigos'' summit, U.S. President Barack says the ''long-term'' issues of social divisions and inequality following Brexit cannot be ignored. Rough Cut (no reporter narration).
ROUGH CUT (NO REPORTER NARRATION) U.S. President Barack Obama speaking to the Canadian Parliament on Wednesday said he was confident that Europeans will come up with prudent plan on how to move forward with Brexit. He added that that social rifts that divide society must be dealt with accordingly. "While the circumstances of Brexit may be unique to the United Kingdom, the frustrations people felt are not. The short-term fallout of Brexit can be sensibly managed, but the long-term trends of inequality and dislocation and the resulting social division, those can't be ignored," Obama said. Earlier in the day, outgoing U.S. President Barack Obama said the U.S., Canada, and Mexico will work closely together to ensure that global stock markets remain stable less than one week after the UK voted to leave the EU. The three nations vowed to deepen their economic ties, pushing back against anti-free-trade sentiment that has shifted political debate in the United States and Europe.