Trade

UK trade talks with US begin Tuesday

LONDON — The U.K. and U.S. will launch talks on a free-trade agreement on Tuesday.

International Trade Secretary Liz Truss will hold an initial video call with U.S. Trade Representative Robert Lighthizer, with around 100 officials listening in from both sides.

Truss pledged to drive a “hard bargain” with Washington and insisted a trade deal was “essential to ease the economic burden of the coronavirus.

The first round of talks is set to take two weeks, with further rounds roughly every six weeks. Britain hopes to win lower goods tariffs on its exports to the U.S. on things like cars and ceramics, as well as a package on services, among other things.

Ministers hope negotiations with Washington will pile pressure on the EU in the Brexit trade talks, where the two sides are at an impasse over key sticking points such as fisheries and level playing field rules to limit competition.

Truss said: “As we kick off trade negotiations this week, we will drive a hard bargain that benefits every part of the U.K. Read More – Source
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