Tuesday, 5 May 2020

UK And US Trade Talks Are Not A Side Show

Fast tracked negotiations for a free trade agreement were announced today, May 5.

The economies are linked in a big way already.  From the announcement:
The United States and the United Kingdom are the first and fifth largest economies in the world, respectively. Total two-way trade between the two countries is already worth about $269 billion a year. Each country is the other’s largest source of foreign direct investment, with about $1 trillion invested in each other’s economies. Every day, around one million Americans go to work for UK firms, while around one million Britons go to work for American firms.


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