The U.K. and U.S. will open negotiations over a post-Brexit trade agreement next month, posing an early test of Britain’s ability to strike such deals and of its relationship with President Donald Trump.
“There are some very, very big markets that we will be able to take advantage of,’’ U.K. Trade Secretary Liam Fox told BBC TV’s “Question Time” program late Thursday. “I’ve got news for you — that we are beginning our actual discussions on July 24.’’
Britain cannot formally sign trade deals with other countries until it leaves the European Union in March 2019, but can prepare the groundwork for them to be ratified soon after. Such accords are key to Prime Minister Theresa May’s ability to deliver what she calls the “promise of Brexit.”