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U.S. Says Trade Talks with Britain Not Possible Until Brexit Resolved

By | October 17, 2016

Britain needs to sort out its relationship with the European Union before it can begin to talk to the United States about any post-Brexit trade deal, U.S. Trade Representative Michael Froman said in Geneva on Monday.

“The practicality is that until the UK sorts through with the EU the nature of its relationship … it’s impossible to have a serious conversation about knowing what kind of trade agreement you can have with the UK separately,” Froman said.

“Is it part of the customs union or not? Is it part of the single market or not? What areas does it have sovereignty over? Does it have sovereignty over tariffs? Does it have sovereignty over regulation?”

Such questions needed to be the priority for Britain, Froman told an audience of academics and trade diplomats at Geneva’s Graduate Institute.

“Until those sorts of questions are further clarified, it’s hard to have a serious conversation about what the nature of what a future U.S.-UK trade relationship might look like.”

He declined to offer any advice for Britain’s trade minister, Liam Fox, saying he spoke to Fox and his colleagues periodically and “my sense is they are getting quite enough advice as it is.”

He also declined to comment on the possible impact on U.S. trade relationships if Donald Trump wins the U.S. presidential election next month.

(Reporting by Tom Miles; Editing by Larry King)

Topics USA Europe

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Latest Comments

  • October 19, 2016 at 9:07 am
    Captain Planet says:
    It's his brain on Faux News. Quite remarkable what happens to these Hannity junkies.
  • October 18, 2016 at 2:11 pm
    UW says:
    What exactly do you think he will be trading with them? You don't stop think he has a shot at winning do to? That's about as credible as your rants about how Clinton would be... read more
  • October 18, 2016 at 11:14 am
    Deplorables says:
    DePolar, Obama is all for Globalization and Brexit is a break from that scenario. I have a feeling that Trump will trade with them assuming they buy an equal number of goods ... read more

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