Trade Secretary Liam Fox will meet his U.S. counterpart in Washington on Monday as the U.K. seeks a trans-Atlantic trade deal as soon as possible after leaving the European Union.
Fox, who said on Sunday it will be a “difficult discussion,” is expected to hold talks with U.S. Trade Representative Robert Lighthizer and Commerce Secretary Wilbur Ross before meeting members of Congress during a two-day trip. He will then travel to Mexico and Texas in a search for post-Brexit trade partners.
“Our exit from the European Union offers an unprecedented opportunity to reshape our independent trading ambitions and build on the already strong trading relationship with our single largest trading partner — the U.S.,” Fox said in a statement. A joint working group will “ensure we get to know each other’s issues and identify areas where we can work together to strengthen trade and investment ties,” Fox said.
This article is for general information purposes only. It is not investment advice or a solution to buy or sell securities. Opinions are the authors; not necessarily that of OANDA Corporation or any of its affiliates, subsidiaries, officers or directors. Leveraged trading is high risk and not suitable for all. You could lose all of your deposited funds.