UK-US Trade Agreement Post-Brexit

SOURCE www.breitbart.com
Britain is hoping for a last-minute post-Brexit trade agreement with the US to avoid potential tariffs by President Trump. Talks have been ongoing between the UK government and US officials to reach a deal before April 2.

Key Points

  • Efforts to reach a trade deal intensified to avoid tariffs by Trump
  • UK's national interest is a priority in negotiations
  • Digital tax policy may be scrapped to avert US tariffs

Pros

  • Potential agreement could help mitigate tariffs and trade tensions
  • UK's largest trading partner is the US

Cons

  • Deal may not be a full-scale free trade agreement
  • Risk of altering tax policy for tariff exemptions