Trump Prioritizes US-UK Trade Deal After EU, Angering UK Ministers
The US has prioritized trade negotiations with Asian countries over a UK deal, delaying the UK’s May 19th deadline. This three-phased approach relegates the UK to a later stage, potentially hindering the UK’s efforts to secure a mutually beneficial agreement. The US is demanding lower UK food standards and the reduction of a digital services tax, while the UK seeks reduced tariffs on various goods. Simultaneously, the UK is making progress on separate trade deals with India and the EU, though challenges remain in each negotiation. However, aligning UK standards with both the EU and the US concurrently poses a significant obstacle.
John Q. Hosedrinker