A White House officially has confirmed that the US could be
prioritising trade talks with the European Union because they are at more
advanced stages than with the UK.
Economic adviser Larry Kudlow said that because there is
“some structure” to talks with the EU, “reigniting that will be
easier” than starting the whole process with the UK.
Kudlow said both the UK and US are “in the preliminary
stages of preliminary talks” for a trade deal.
He added: “We are all interested in doing something.
But there’s no structure to it yet”.
As a new team are in office at the European Commission
officials have now agreed to reset relations between the US and EU, with both
sides keen to avoid a transatlantic tariff battle.
“No one around here is salivating for a trade
war,” Bloomberg quotes Kudlow as saying. “Believe me, no one.”
In 2016 Barack Obama claimed that the UK would go to the “back of the queue” for trade talks, something that prompted much criticism from Brexiteers.
Related: Ireland experienced austerity and chose not to blame immigrants
While you're here
While you are here, we wanted to ask for your help.
Journalism in Britain is under threat. The government is becoming increasingly authoritarian and our media is run by a handful handful of billionaires, most of whom reside overseas and all of them have strong political allegiances and financial motivations.
Our mission is to hold the powerful to account. It is vital that free media is allowed to exist to expose hypocrisy, corruption, wrongdoing and abuse of power. But we can't do it without you.
If you can afford to contribute a small donation to the site it will help us to continue our work in the best interests of the public. We only ask you to donate what you can afford, with an option to cancel your subscription at any point.
To donate or subscribe to The London Economic, click here.
The TLE shop is also now open, with all profits going to supporting our work.
The shop can be found here.