he OBR pours cold water on hopes for a big boost from the Pacific trade deal. / Have you ever wondered how the UK, based firmly in the north Atlantic, managed to join the free trade area known as the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP)? After all, as the name suggests, it is for countries around the Pacific.
Financial Times US Editor-at-Large Gillian Tett says many people in the United States “are just baffled” Britain went along with Brexit, describing it as an “act of self-sabotage”. / “Britain has got the worst performance amongst the G7,” Ms Tett told Sky News Australia host Piers Morgan.
Britain is looking to strike trade agreements following its departure from the European Union, but Mr Biden’s administration has put talks on ice.
Ex-PM says UK was stronger in the EU – as Jeremy Hunt challenged to admit Britain ‘poorer’ after Brexit.
Brexit was a ‘colossal mistake’, former PM Sir John Major tells Northern Ireland Affairs Committee 07/02/2023
Former prime minister Sir John Major has told the Northern Ireland Affairs Committee Britain made a “colossal mistake” when it left the European Union. / Sir John said while he is not a “significant Europhile”, he believes the UK was stronger in the EU.
The UK is urging the European Union not to harm British companies as European leaders debate whether to match measures in the US Inflation Reduction Act with massive green subsidies of their own.
Ursula von der Leyen pledges ‘unprecedented’ investments in clean technologies. / The EU is preparing to take on President Joe Biden’s showpiece legislation, which has turbocharged green investment in the US, by loosening restrictions on subsidies in Europe and accelerating permits for new projects.
Businesses have cited Brexit after the UK recorded its worst month in over two and a half years.
‘I can see Britain being a member of the EU again’: How Brexit is returning to UK politics 26/12/2022
But the EU does not want to reopen debates about the terms of the Brexit deal: “Only in the UK are people still arguing about Brexit,” a source said. “No one in Europe thinks about it any more.”
Joe Biden UK visit set to be scrapped if Rishi Sunak fails to strike Northern Ireland Brexit deal 23/12/2022
The US is ready to scrap mooted plans for Joe Biden to visit the UK for the 25th anniversary of the Good Friday Agreement if Rishi Sunak fails to strike a deal with the EU on post-Brexit trade arrangements with Northern Ireland in time.
Prime Minister Rishi Sunak 'didn't discuss' a post-Brexit trade deal in his first meeting with Joe Biden - and dodged questions on whether Brexit has played a part in Britain's economic woes
New government figures show post-Brexit slump in UK exports to Germany, France, Italy and Spain – and failure to transition exports to the US and China, says ParcelHero
New Government figures show a massive post-Brexit slump in UK exports to Germany, France, Italy and Spain – and reveal the UK failed to transition to key export markets such as the USA and China. The new International Trade Secretary, Kemi Badenoch, faces an uphill battle, warns ParcelHero.
Promises of a special trading relationship with America have also yet to materialise, the ONS figures show. / New Government figures show a massive post-Brexit slump in UK exports to Germany, France, Italy and Spain – and reveal the UK failed to transition to key export markets such as the USA and China.
Liz Truss forced to drop post-Brexit US trade deal as ‘reality’ caught up with her, ex-aide says 21/09/2022
It was long touted as one of the biggest prizes of Brexit, but Liz Truss has finally been forced to drop the Government’s plan to strike a free trade deal with the US.
PRIME Minister Liz Truss has said a post-Brexit trade deal with the US could be years away despite her predecessor Boris Johnson championing it as a big Brexit bonus.
Liz Truss concedes post-Brexit free trade deal with US will not restart for years as she prepares for Joe Biden meeting 20/09/2022
Liz Truss has conceded negotiations for a post-Brexit free trade deal with the US will not restart for years as she flew to New York ahead of a meeting with Joe Biden.
Telegraph article suggesting a US trade deal will be done ‘before Brexit’ comes back to haunt them 20/09/2022
Today Liz Truss poured cold water on a potential deal, saying she doesn't foresee any negotiations taking place any time soon.
Truss’s relations with US president already strained by her threats as foreign secretary to rip up post-Brexit trading arrangements in NI.
PM admits talks are not even taking place and plays down hopes from Brexiters that they could start ‘in the short to medium term’.
Prime minister will not discuss trade with Joe Biden in meeting on Wednesday.
Prime minister concedes negotiations will not begin in the "short to medium term" as she flies to New York.
Britain won’t strike free trade deal with US for years, Liz Truss admits, despite Brexit pledge 20/09/2022
Securing a trade deal with the US was sold at the time as being one of the most significant benefits of leaving the EU.
Prime Minister Liz Truss has admitted that there are no hopes "in the short to medium term" for a transatlantic trade pact with the United States as she prepared for a meeting with Joe Biden.
White House warns Truss ripping up Northern Ireland protocol ‘not conducive’ to trade talks 08/09/2022
Biden discussed post-Brexit impasse with new PM in their first phone call.