The United Kingdom has made another surprise move in its emerging global trade strategy by floating the idea of acceding to USMCA – the revised North American trade agreement which links the United States, Mexico and Canada. The idea was leaked to the media by aides to prime minister Boris …
Whereas all eyes have been on Brussels and its Fit for 55 climate package’s carbon border measure, the UK has quietly but steadily been working on its own trade policy….
The United States and the United Kingdom replicated the terms of a preliminary settlement agreed between Washington and Brussels this week in relation to subsidies to their civil aircraft companies.
The United Kingdom is planning a change in the mix of products on which it will apply countermeasures on imports from the United States.
An intense week in UK trade….
The countdown for a second round of European retaliatory tariffs in response to United Sates tariffs on steel and aluminium from the European Union and the ex-EU member United Kingdom is now clearly on.
The United States has agreed to temporarily suspend its 25% tariffs on exports of premium UK goods, in the interests of “de-escalating” the Airbus/Boeing subsidy issue. The move will be seen as a significant commercial and political victory for London, even though the punitive tariffs have been lifted only for …
Incoming USTR Katherine Tai signals review of UK-US FTA negotiations The chances of an early deal on a free trade agreement between the UK and the United States – which were never high – have receded further following the promise of a review of the dossier by incoming US Trade …
The arrival of the new incumbent in the White House marks a reversion to ‘business as usual’ in a complicated trade relationship with multiple pressure points, but one which remains economically important to the US, and even more so to the UK.
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….