Liam Fox (the US trade secretary) flew to Washington for talks with U.S. Trade Representative Robert Lighthizer and Commerce Secretary Wilbur Ross in a bid to prepare the ground for a U.K.-U.S. trade deal to be signed following Brexit. He will meet with members of Congress on Tuesday.
Removing commercial barriers with the U.S. could generate an additional 40 billion pounds ($50 billion) in trade with the U.K. by 2030, according to the U.K. government. Fox will also tell lawmakers that 700,000 U.S. jobs are supported by trade with Britain, and he’ll present them with a U.K. government report that outlines the impact on each of the 435 congressional districts.
Read the full article at bloomberg.com