This is an exceptional second edition of our Week in London column – focused on domestic trade issues and UK talks with everyone else except the EU….
US UK
UK suspends ‘Boeing’ tariffs – keeps retaliatory measures on US Section 232 tariffs
The United Kingdom is to suspend the imposition of punitive import tariffs on a wide range of imports from the US – in the hope that Washington will be persuaded to reciprocate by lifting its own punitive tariffs on British exports. The tariffs, which only entered into force last month, …
British and US business says only six months window to conclude FTA
The United Kingdom and the United States should conclude negotiations on a new free trade agreement within the next six months – or they may never be concluded at all.
Week Ahead: EU US, WTO DG, e-commerce, Northern Ireland, UK-US, UK New Zealand
By Iana Dreyer and Chris Horseman. Key trade policy developments in the EU and Britain to watch out for in the coming week. A special status report on the EU-UK negotiations will be released separately.
US-UK negotiations continue despite mounting challenges
United States and British trade negotiators are actively preparing the groundwork for a bilateral trade agreement and holding a round of talks this week. But political challenges are mounting in the area of tariffs on spirits, food standards, digital taxation and, last but not least, Northern Ireland.
Cheese tariffs and a resigning Premier: why the UK-Japan trade pact is on hold
The United Kingdom and Japan are set to miss their aim to tie up a trade deal between the two sides by the end of August, amid the disruption of a Japanese prime ministerial resignation – and continuing rows about cheese tariffs. Japanese foreign minister Toshimitsu Motegi had scheduled a …
London trade week round-up
Chris Horseman contributed to this article. Fight over parliamentary scrutiny of trade policies The UK’s new draft Trade Bill completed its passage through the House of Commons this week, with the government’s proposed text being adopted without any significant changes. Proposed amendments to give members of parliament greater powers to …
CPTPP + US: the emergence of a British trade policy strategy
The United Kingdom left the European Union with the explicit aim of having its own trade policy and agreements. Britain is in business now. The biggest challenge will be handling the domestic politics of farming, procurement, environment and devolution to make London’s emerging trade policy strategy bear fruit. London aims …
UK trade update: UK-US long road ahead, Switzerland finance, Australia FTA
Truss warns of long road ahead as UK-US FTA talks continue London will not be setting any deadline for concluding its free trade agreement negotiations with the United States, Britain’s international trade secretary Liz Truss has warned. The comment, made in a written statement to the parliament in Westminster following …
Comment: USTR eyes Airbus-related escalation of tariffs, helicopter tariffs
The United States are currently threatening new tariffs on neighbours and allies left, right, front and centre. It’s clearly election campaign season for an embattled US president Donald Trump. Signs are European Union efforts to find some form of ‘settlement’ with the US on aircraft subsidies have been in vain, …