This Randall’s Briefing gives you an overview of the current state of negotiations for a UK-US Free Trade Agreement.

The UK Government has prioritised securing a free trade agreement with the EU as its largest trading partner and has since commenced negotiations on 2 March 2020. However, the Department for International Trade has been clear that a free trade agreement with the U.S. is also a priority and should be negotiated in parallel with the EU. Speaking in Washington, then-Secretary of State for International Trade Dr Liam Fox said that leaving the EU “offers an unprecedented opportunity to reshape our independent trading ambitions and build on the already strong trading relationship with … the U.S.”1 Trade between the UK and U.S. is worth £230 billion a year, while each country is the other’s largest source of foreign direct investment, totalling £700 billion.

Negotiations for a UK US FTA

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