In a stunning development for global trade, senior White House officials have indicated that Britain could ink a major trade deal with the United States within just three weeks if Donald Trump returns to office. The urgency follows Trump’s proposed 10% tariffs on most UK imports, set to escalate if a deal isn’t reached within a 90-day grace period—a move pressuring over 75 countries to negotiate swiftly.
Insiders highlight the “special relationship” and “cultural connection” between the US and UK as key factors for an accelerated agreement. The UK is expected to be among the first in line for a new trade pact, following recent US deals with Japan, India, and South Korea. Markets responded positively, with the FTSE 100 climbing on news of the possible deal.
However, potential conflicts with ongoing EU trade talks and differences in food standards could complicate negotiations. UK Chancellor Rachel Reeves is scheduled to visit Washington for IMF meetings, possibly speeding up the process.
Sources: The Telegraph, Firstpost, LBC