Physical Address
304 North Cardinal St.
Dorchester Center, MA 02124
The stars of the United States and the flag of the strip hang on the Whitehol with the figure of Lord Nelson on the top of their column on Trafalgar Square, June 3, 2019 in London England.
Richard Baker | In the pictures Gets the image
Britain is reportedly intended to sign a trade agreement with the United States, making it the first country to do so after the world’s largest economy announced the tough “mutual” tariffs against friends and enemies in April.
The New York Times reported Development after US President Donald Trump said on Wednesday night what would be there Briefing about trading transaction the day, without revealing any details.
CNBC did not receive a response from the White House and the British Embassy in Washington, looking for comments on news.
It was uncertain when both sides sign a finalized deal or the basis for the agreement that they would continue negotiations in the coming months, NYT said.
Britain, which manages the trade deficit from the US, was deprived of higher “mutual” tariffs when Trump announced his duties “Liberation Day”, although he was still 10%.
April 15US Vice President JD Vance said the UK has a “good chance” to provide trading deal with America.
“I think there is a good chance that yes, we will come to a great agreement that is in the interests of both countries,” he added.
However on Tuesday, Trump seemed to be contrary to the White House officials, If he said the US does not need to “sign deals” with trading partners, despite the fact that the best White House officials claim that such sentences They were the main priority of the administration.
“We don’t have to sign the transactions, they have to sign the transactions with us. They want a piece of our market. We don’t want their market,” Trump said.
Read the full NYT story there.
– Holly Ellita and Erin Doherti CNBC contributed to this story.
