Advertisement

We need your help now

Support from readers like you keeps The Journal open.

You are visiting us because we have something you value. Independent, unbiased news that tells the truth. Advertising revenue goes some way to support our mission, but this year it has not been enough.

If you've seen value in our reporting, please contribute what you can, so we can continue to produce accurate and meaningful journalism. For everyone who needs it.

US trade representative Robert Lighthizer and president Donald Trump in the White House in 2018. SIPA USA/PA Images

Trump administration trying to secure mini trade deal with UK, US says

US trade representative Robert Lighthizer said he is “hopeful” of an agreement.

US PRESIDENT DONALD Trump’s trade chief has said that the outgoing US administration is negotiating with the UK to secure a mini-deal reducing trade tariffs.

US trade representative Robert Lighthizer suggested tariffs on Scotch whisky could be reduced if a post-Brexit pact is successful.

The British government hopes to broker a full free trade agreement with Trump’s successor as president, Joe Biden, but a mini-deal could ease trade before then.

Talks on an interim deal emerged today after the UK dropped tariffs against the States over subsidies for aerospace firms.

Lighthizer told the BBC: “I’m talking to [International Trade Secretary] Liz Truss, about trying to work out some kind of a deal … I’m hopeful we can get some kind of an agreement out you know, we don’t have a lot of time left.

We have the advantage in that both the US and the UK – particularly the current government of the UK – are not big subsidisers, where some other countries are more inclined to subsidise. So it would be helpful if we could come to some kind of agreement.

Scotch whisky was badly affected when Trump’s White House hit the EU with tariffs on €6.2 billion worth of goods in retaliation for state support given to Airbus.

The EU responded with tariffs on €3.3 billion of US goods over subsidies given to Boeing but the UK will suspend those measures from 1 January after the post-Brexit transition period ends.

Ministers in the UK hope the move will help bring the US towards a reasonable settlement over the Airbus-Boeing row and show the UK is serious about reaching a negotiated outcome.

Close
23 Comments
This is YOUR comments community. Stay civil, stay constructive, stay on topic. Please familiarise yourself with our comments policy here before taking part.
Leave a Comment
    Submit a report
    Please help us understand how this comment violates our community guidelines.
    Thank you for the feedback
    Your feedback has been sent to our team for review.

    Leave a commentcancel

     
    JournalTv
    News in 60 seconds