UK Faces Trade Choice: EU or Trump-Era US?
Pascal Lamy, former WTO head, advises the UK to prioritize its strong economic ties with the EU over aligning with the US under President Trump, given the UK’s significantly larger trade volume with Europe. This aligns with former British Ambassador Ivan Rogers’ assessment that a post-Trump trade choice between the US and EU is inevitable, particularly concerning agricultural standards and veterinary regulations. The UK government recognizes the urgent need to develop a comprehensive trade strategy in this new global landscape, though experts suggest limited trade deals may be achievable with both the EU and US simultaneously. However, the prospect of a comprehensive US trade deal faces significant hurdles, particularly regarding agricultural issues.
John Q. Hosedrinker