Trade

UK trade secretary: Johnsons pre-Brexit US trade deal wont work

U.K. Trade Secretary Liam Fox on Monday ruled out a pre-Brexit trade deal with the United States, dismissing reported plans by Conservative leadership frontrunner Boris Johnson to negotiate an agreement with Washington before the U.K. leaves the European Union.

Johnson wants to hash out a limited transatlantic deal before October 31 — the date Britain is slated to leave the EU, barring another extension — if he is elected as the U.K.s next prime minister, according to the Times. But the trade secretary said doing so would contravene European law.

“We cant negotiate anything with the U.S. until after weve left the European Union,” Fox told BBCs Today program. “It would be in breach of European law for us to do that.”

Fox also took aim at Johnsons position on food standards in a potential U.K.-U.S. trade deal. Johnson said in a Read More – Source