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	<title>Britain trades Archives - Iran News Daily</title>
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		<title>Britain, US Begin Talks on Post-Brexit Trade</title>
		<link>https://irannewsdaily.com/2020/05/britain-us-begin-talks-on-post-brexit-trade/</link>
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		<pubDate>Tue, 05 May 2020 11:22:47 +0000</pubDate>
				<category><![CDATA[important news]]></category>
		<category><![CDATA[international]]></category>
		<category><![CDATA[Brexit]]></category>
		<category><![CDATA[Britain trades]]></category>
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		<category><![CDATA[UK]]></category>
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					<description><![CDATA[<p>TEHRAN (Iran News) – Britain begins post-Brexit trade talks with the United States on Tuesday, with 100 negotiators on each side joining via videoconference. Many in British Prime Minister Boris Johnson&#8217;s Conservative government hope for a free trade agreement with Washington as one of the biggest benefits of leaving the European Union. Officials said the first [&#8230;]</p>
<p>The post <a rel="nofollow" href="https://irannewsdaily.com/2020/05/britain-us-begin-talks-on-post-brexit-trade/">Britain, US Begin Talks on Post-Brexit Trade</a> appeared first on <a rel="nofollow" href="https://irannewsdaily.com">Iran News Daily</a>.</p>
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										<content:encoded><![CDATA[<p>TEHRAN (<a href="https://irannewsdaily.com/" target="_blank" rel="noopener noreferrer">Iran News</a>) – Britain begins post-Brexit trade talks with the United States on Tuesday, with 100 negotiators on each side joining via videoconference.</p>
<p dir="LTR">Many in British Prime Minister Boris Johnson&#8217;s Conservative government hope for a free trade agreement with Washington as one of the biggest benefits of leaving the European Union.</p>
<p dir="LTR">Officials said the first round of talks would last two weeks and cover issues such as goods and services trade, digital trade, investment, and how to support small businesses.</p>
<p dir="LTR">The US ambassador to Britain, Woody Johnson, said the deal could &#8220;jumpstart the economy after we conquer coronavirus&#8221; &#8212; a message repeated by British officials.</p>
<p dir="LTR">&#8220;The US is our largest trading partner and increasing transatlantic trade can help our economies bounce back from the economic challenge posed by a coronavirus,&#8221; International Trade Secretary Liz Truss said, AFP reported.</p>
<p dir="LTR">Bilateral trade was worth £220.9 billion ($275 billion, 252.6 billion euros) in the last year, and a free trade deal could increase this by £15.3 billion on 2018 levels, in the long run, the British government says.</p>
<p dir="LTR">Truss and US Trade Representative Robert Lighthizer will kick off the talks before officials take over, with further rounds due at six-week intervals.</p>
<p dir="LTR">Britain voted in a referendum in June 2016 to leave the EU, and after years of politically wrangling finally quit on January 31 this year.</p>
<p dir="LTR">Its departure allowed Britain to start trade talks with other countries, including the US.</p>
<p dir="LTR">However, Britain remains in a transition period until December 31 that keeps its ties to the EU largely the same, to allow time for both sides to thrash out a new relationship.</p>
<p dir="LTR">Many in the EU had already warned of the difficulties of getting a trade deal with Britain by the end of the year.</p>
<p dir="LTR">The disruption of the coronavirus outbreak has prompted calls from some in Britain for the transition to be extended.</p>
<p dir="LTR">But Johnson, who led the 2016 &#8220;Leave&#8221; campaign and won a huge election victory in December promising to &#8220;Get Brexit Done&#8221;, has so far refused.</p>
<p dir="LTR">The latest round of UK-EU talks broke up on April 24 with little progress, stuck on key issues such as fishing rights, how to maintain common standards, and the role of European judges.</p>
<p dir="LTR">A source close to the British negotiating team last week warned that &#8220;we&#8217;re talking past each other&#8221; while expressing hope that a deal could be struck.</p>
<p>The post <a rel="nofollow" href="https://irannewsdaily.com/2020/05/britain-us-begin-talks-on-post-brexit-trade/">Britain, US Begin Talks on Post-Brexit Trade</a> appeared first on <a rel="nofollow" href="https://irannewsdaily.com">Iran News Daily</a>.</p>
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