US UK Trade Deal Jumps to the Front of the Queue

Britain will be in the “front seat” to negotiate a new trade deal with the incoming administration of Donald Trump, a top Republican in the United States Senate said, the BBC reported.

Senate Foreign Relations Committee Chairman Bob Corker said after meeting British Foreign Secretary Boris Johnson that a trade deal between the two countries would be a priority as Britain prepares to leave the European Union.

Ahead of the Brexit vote, President Barack Obama exhorted Britons to stay in the EU and warned that if they left they would be at “the back of the queue” for a U.S. trade deal.

Reuters

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Craig Erlam

Craig Erlam

Senior Currency Analyst at OANDA
Based in London, England, Craig Erlam joined OANDA in 2015 as a Market Analyst. With more than five years' experience as a financial market analyst and trader, he focuses on both fundamental and technical analysis while conducting macroeconomic commentary. He has been published by The Financial Times, Reuters, the Wall Street Journal and The Telegraph, and he also appears regularly as a guest commentator on networks including Sky News, Bloomberg, CNBC and BBC. Craig holds a full membership to the Society of Technical Analysts and he is recognized as a Certified Financial Technician by the International Federation of Technical Analysts.