Freight News, Business

UK to hold US trade talks

[ July 25, 2017   //   ]

International Trade Secretary Liam Fox said on 24 July that he planned to hold talks with the US to sketch out a possible trade deal following Brexit – although the UK’s cannot currently sign any such deal as long as it remains an EU member.

A trade and investment working group will identify issues where the two countries can work together to strengthen trade and investment ties.

However, speaking on the BBC’s Today programme on 24 July, British Chambers of Commerce (BCC) director general Adam Marshall argued that the UK government  should be on improving “small practical things” including custom procedures rather than a comprehensive trade deal.

He added: said “We’re just getting back into the game of doing this sort of thing after 40 years of doing it via the EU. It would be concerning if the UK were to go up against the US on a complex and difficult negotiation.”