Many countries hope for a solution in the customs flict with the US. Now US President Donald Trump has announced a “important” trade agreement with a “large and highly respected country”. Probably it is about a great European power …
The Republican still opened which country concerns – there should be a press conference on Thursday morning (local time). According to reports, it should be great Britain.
A spokeswoman for the British government told the PA press agency on Thursday morning that Prime Minister Keir Starmer will give an update for negotiations with the US during the day. The United States are an “indispensable” ally.
The size of the agreement unclear
After the “New York Times”, various British media had also reported on one agreement between the two countries. However, it initially remained open for the extent to which it would have. In the BBC, an expert warned that only measures can act that apply to a fairly short period and only cover a few economic areas.
The British currently applies to most exports for an amount of 10 percent, but 25 percent are collected on steel and aluminum and cars and car parts. Great -Britain recently concluded an extensive and long -term free trade agreement with India, Prime Minister Keir Starmer spoke after the announcement about a new era of trade.
Great -Britain should just be the beginning
For the United States, it would be the first agreement with an important trading partner, because Trump at the beginning of April the imposition of punitive rates of punitive rates. According to the US president, it should only be “the first of many” similarities. Trump was from the British king Charles III in February. are invited to a state visit to Great Britain.
According to reports, the possible agreement with the United States should not stand in the way of the EU. The American food standards, which would be a point of dispute with the EU, should not be recognized. The newspaper “Financial Times” reported that there are no so -driven chlorine chicken and hormone treated beef in British supermarkets.
Strander and EU Committee Chairman Ursula von der Leyen and EU Council President António Costa want a deepening of common relationships at a top of the EU on 19 May. There was always speculation about a dynamic agreement in animal health and food standards.
Source: Krone
I’m Ben Stock, a journalist and author at Today Times Live. I specialize in economic news and have been working in the news industry for over five years. My experience spans from local journalism to international business reporting. In my career I’ve had the opportunity to interview some of the world’s leading economists and financial experts, giving me an insight into global trends that is unique among journalists.
