White House Notifies Congress: US-UK Trade Deal at the Front of the Queue

Under fast-track trade rules, the US Trade Representative cannot start trade negotiations until 90 days after notifying Congress. Last night he sent that notification to Congress. The letter from the US Trade Representative, Robert Lighthizer, to Congress said the USTR planned to start talks between “the first and fifth largest economies in the world … as soon as it is ready after it exits the European Union on March 29, 2019.” The United States wants to develop “cutting edge obligations for emerging sectors where U.S. and U.K. innovators and entrepreneurs are most competitive.” The UK – US free trade deal will cover the biggest transatlantic bilateral trading relationship in the world, right over the airspace of Ireland… The letter also reveals that although the EU prevents the UK from formally negotiating a trade deal until after Britain escapes from the EU’s grip, Liam Fox and he have established a US-UK Trade & Investment Working Group which is “laying the groundwork for a potential future free trade agreement” .

Source: White House Notifies Congress: US-UK Trade Deal at the Front of the Queue