|Author (Corporate)||United Kingdom: House of Commons: International Trade Committee|
|Publisher||United Kingdom: Parliament|
|Series Title||2nd Report|
|Series Details||(2017-19) HC481|
|Content Type||Policy-making, Report|
The United Kingdom: House of Commons: International Trade Committee published a report UK-US Trade Relations on the 1 May 2018. The Committee warned the UK Government against rushing into trade negotiations with the US without first establishing a clear, comprehensive and evidence-based trade strategy.
It cautioned that the temptation to achieve a quick trade deal with the world’s largest economy would be high, but the complexities of the regulatory environment and US’s federal system would need careful navigation.
A deal with the US was central to the Government’s post-Brexit trade strategy, and had been confirmed as its first priority for new free trade agreements after Brexit. Any trade deal with the US could have a transformative effect on the UK economy, for better or worse.
|Countries / Regions||United Kingdom, United States|