Free trade deal

Monday

James Heale

What to expect on ‘World Tariff Day’

13 min listen

This week will see ‘World Tariff Day’ – as those in Westminster are not-so-excitedly calling Wednesday – when Donald Trump will announce a wave of new tariffs. Trump is expected to reveal plans for reciprocal tariffs aimed at addressing what he sees as an ongoing trade imbalance between the US and other countries. He argues that it is ‘finally time for the Good Ol’ USA to get some of that MONEY, and RESPECT, BACK. GOD BLESS AMERICA!!!’. It had looked as though the Prime Minister’s softly-softly approach to US relations was working and that we might avoid Trump’s levies… that was until the UK was included in the 25 per

Monday

Kate Andrews

What the UK wants from a trade deal with the USA

On Monday, the Department for International Trade released its negotiating objectives for a UK-USA free trade agreement. The 184-page document explains in detail what the UK wants to get out of a trade deal with America. The British government will try to angle the talks, which begin this month, towards securing a comprehensive arrangement – that is, a deal that covers a broad range of areas including digital, finance, tech, manufacturing and agriculture. If secured, it estimates this could translate into a £3.4 billion boost to the UK economy. The government has put its ‘leveling up’ agenda at front and centre of these trade talks, laying out how each region potentially stands