U.S. — U.K. Trade

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CBJ — British Prime Minister Boris Johnson says he will only agree to trade deals with the United States that will prove beneficial for his country.

Negotiations between the two countries take place this week.

While Johnson is taking a strong stand publicly, he and his government recognize the importance of securing a comprehensive deal with America in light of the UK leaving the European Union.

The United States is currently Britain’s biggest trading partner after the EU, accounting for nearly 19% of all its exports in 2018 and 11% of imports. By comparison, the EU, accounted for 45% of all UK exports and 53% of UK imports.

@CanBizJournal

 

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