A UK Official is commenting on the US/UK trade deal:
- Deal with the US is not a finished trade agreement, but it is substantive
- We have got more serious work to do.
- On sectorial up front, there are vital winds for UK on steel, autos, pharmaceuticals, and aerospace.
- Got some reassurance on movie tariffs.
- There is commitment to bring down or totally liberalize a large number of tariff lines.
- On beef, we have a win, our own quota for beef imports to the US for the first time
This article was written by Greg Michalowski at www.forexlive.com.