US UK Trade Deal Jumps to the Front of the Queue

January 10, 2017 Share Print 0

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

Senior Market Analyst, UK & EMEA at OANDA

Based in London, Craig Erlam joined OANDA in 2015 as a market analyst. With many years of experience as a financial market analyst and trader, he focuses on both fundamental and technical analysis while producing macroeconomic commentary. His views have been published in the Financial Times, Reuters, The Telegraph and the International Business Times, and he also appears as a regular guest commentator on the BBC, Bloomberg TV, FOX Business and SKY News. Craig holds a full membership to the Society of Technical Analysts and is recognised as a Certified Financial Technician by the International Federation of Technical Analysts.