It has been an important week for the UK. It can now count a hat trick of firsts since leaving the EU in the execution of its independent trade policy. First accession country to the CPTPP. First major country to have a trade deal with India (negotiated in three years), and now first country to have an Economic Prosperity Deal (EPD) with the Trump 47 administration.
It is important to look at what the UK and US have agreed and divide this into what has so far been agreed and what remains to be decided. The UK-US EPD is a framework agreement which includes some downpayments (things that are absolutely agreed and don’t depend on further discussions) and some things that are still being negotiated…..read entire article by clicking below.