Joe Biden has shelved plans for a pact with Britain that could have paved the way for a full post-Brexit trade deal.
The US president has decided not to move forward with a “foundational” agreement prepared by the US Trade Representative’s Office, that would have included negotiations over 11 areas of trade and regulation, following opposition from his own party in the Senate.
Senate Democrats argued that it would not have provided sufficient protection for American workers, Politico reported.
The UK’s hopes for a free trade agreement (FTA) with the US date from before the Brexit referendum, and faced an early setback when Barack Obama told voters that Britain would be “at the back of the queue” for a deal if it left the EU.
But despite US support for an FTA in the early days of Donald Trump’s presidency in 2016, the chance of a deal has now fallen to “zero” under Mr Biden, the Government believes.
I think you might be on to something. It could possibly allow for the ability to pass regulations on predatory practices by big tech.
Awww who am I kidding, that’s a fantasy land, maybe if the UK allows companies to pump more sewage into the waterways America will want to trade then.