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Bloomberg Quint

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Image Credit: Bloomberg Quint

UK Timeline For US Deal Is Too Ambitious, Ex-Trade Adviser Says

  • Former top trade negotiator, Crawford Falconer, believes the UK's timeline for finalizing a trade deal with the US is overly ambitious.
  • The UK government and the US are still working on unresolved issues, such as Chinese ownership of British Steel and the requirement for steel to be melted and poured in the UK.
  • President Donald Trump's recent imposition of deadlines and potential tariffs increase the pressure on the UK to resolve outstanding issues.
  • Complexities surrounding ownership, production facilities, and trade requirements pose challenges for the UK-US trade deal and may impact British Steel's future.

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