(Belga) The UK is trying to strike trade deals with individual US countries. An agreement with the United States on free trade is long overdue, so the British government is sending delegations to California, Georgia and Tennessee, among other countries. British Prime Minister Boris Johnson earlier announced that a free trade agreement would be reached with the Americans shortly after Brexit.
Britain’s International Trade Secretary, Anne-Marie Trevelyan, is now aiming for trade talks with the countries. “One of our Secretary of State, Penny Mordaunt, is currently having such talks in California. She will also visit Georgia, Tennessee, South Carolina and Oklahoma,” she said in an interview with Bloomberg News. Use of trade agreements between Brussels and Washington. There is still no alternative agreement. This is painful for the Johnson administration. One of Brexit’s promises was that the UK would quickly negotiate a more favorable trade deal with the US based on its own merits than the EU did. Nothing has come of it yet. While the European Union and the United States recently reached an agreement on phasing out US import duties on steel and aluminum, these trade barriers still apply to the British. As a reminder, in 2018, the administration of former President Donald Trump imposed a 25 percent tax on imports of steel products and 10 percent on aluminum products. According to Trevelyan, it stands to reason that the deal with the EU should take precedence, because the EU exports more steel and aluminum to the US than the UK. She also said she understands that President Joe Biden now considers domestic affairs more important than negotiating international trade agreements. “But we are ready to resume those talks,” she added. Later this week, Trevelyan will also meet with US Commerce Secretary Gina Raimondo for the first time. So you will also discuss duties on steel and aluminum. (Belgium)
Britain’s International Trade Secretary, Anne-Marie Trevelyan, is now aiming for trade talks with the countries. “One of our Secretary of State, Penny Mordaunt, is currently having such talks in California. She will also visit Georgia, Tennessee, South Carolina and Oklahoma,” she said in an interview with Bloomberg News. Use of trade agreements between Brussels and Washington. There is still no alternative agreement. This is painful for the Johnson administration. One of Brexit’s promises was that the UK would quickly negotiate a more favorable trade deal with the US based on its own merits than the EU did. Nothing has come of it yet. While the European Union and the United States recently reached an agreement on phasing out US import duties on steel and aluminum, these trade barriers still apply to the British. As a reminder, in 2018, the administration of former President Donald Trump imposed a 25 percent tax on imports of steel products and 10 percent on aluminum products. According to Trevelyan, it stands to reason that the deal with the EU should take precedence, because the EU exports more steel and aluminum to the US than the UK. She also said she understands that President Joe Biden now considers domestic affairs more important than negotiating international trade agreements. “But we are ready to resume those talks,” she added. Later this week, Trevelyan will also meet with US Commerce Secretary Gina Raimondo for the first time. So you will also discuss duties on steel and aluminum. (Belgium)
