Mostrando entradas de julio 24, 2017

Fox goes hunting for U.S. trade deal

U.K. officials are touring the world in a bid to line up post-Brexit trade deals. Trade Secretary Liam Fox will meet with his U.S. counterpart in Washington on Monday after acknowledging it will be a “difficult discussion.” He will then travel to Mexico and Texas. Fox reckons removing commercial barriers with the U.S. could generate an additional £40 billion ($31 billion) in trade with the U.K. by 2030. He will tell American lawmakers that 700,000 U.S. jobs are supported by trade with Britain. Still, U.S. negotiators have more experience and could bulldoze the U.K. on issues such as agricultural and financial regulation. There is already a split in Prime Minister Theresa May’s cabinet about allowing imports of chlorine-washed chicken from the U.S., according to Monday’s Daily Telegraph. Speaking on Sunday, opposition Labour Party leader Jeremy Corbyn questioned why the U.K. is so willing to strike a trade deal with the U.S. when President Donald Trump intends to withdraw from the Par…