U.S. Trade Representative Tai to hold talks in Britain next week
Reuters
Published Jun 11, 2021 23:18
Updated Jun 12, 2021 00:05
By Andrea Shalal
WASHINGTON (Reuters) - U.S. Trade Representative Katherine Tai will travel to Britain on Wednesday and hold talks with British trade minister Elizabeth Truss after participating in a U.S.-European Union summit and holding several bilateral meetings, her office said.
Tai first disclosed her trip to Brussels - her first overseas trip - during a town hall hosted by the AFL-CIO trade federation on Thursday, but the UK stop was previously not known.
The U.S. trade czar's office released details late on Friday, saying Tai would arrive in Brussels on Sunday for the U.S.–EU summit and bilateral meetings with counterparts, including EU trade commissioner Valdis Dombrovskis.
"The summit will underscore our commitment to a strong Transatlantic partnership based on shared interests and values," USTR said in a statement. It will focus on the global economy, the COVID-19 pandemic, climate change, digital and trade cooperation and other foreign policy concerns, USTR said.
On Wednesday, Tai will travel to London and hold bilateral meetings with British trade secretary Elizabeth Truss before returning to the United States, USTR said.
U.S. allies have been anxious to start talks with Tai after years of tariffs and tensions during the Trump administration. The White House has said it will put new trade deals on hold until it has reviewed Trump's trade policies.
Britain and the United States had started talks on a bilateral free trade deal under Trump, but failed to reach an accord before Biden took office.
Prospects for reaching a U.S.-UK deal are slim ahead of the expiration of congressional "trade promotion authority" this summer, sources said.
UK ambassador Karen Pierce told Reuters that U.S. officials were supportive of a free trade deal with Britain, but the timing was unclear given other U.S. domestic priorities.
Britain is working with the European Union to resolve a nearly 17-year-old trade dispute over aircraft subsidies before July 11, when currently suspended tariffs will go back into effect.
Get The App
Written By: Reuters
Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.