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full-blown commerce cope with the US has not been a precedence for some time, Rishi Sunak has acknowledged forward of talks with Joe Biden.
The prospect of a transatlantic deal was considered as one of many key potential advantages of Brexit , however Donald Trump’s defeat by Joe Biden noticed hopes of a deal fade.
The Prime Minister stated: “I think that for a while now, that has not been a priority for either the US or UK.”
Mr Sunak instructed “specific and targeted ways” of enhancing commerce between the 2 nations had been nonetheless being thought-about.
Since I’ve been Prime Minister, we have been targeted… on ensuring that our financial partnership displays the alternatives and challenges of the time that we face now
The UK has additionally pushed forward with commerce talks with particular person states.
Speaking to reporters on his journey to Washington , Mr Sunak stated the UK and US had been targeted on “making sure that our economic partnership reflects the particular challenges and opportunities of the time that we’re in right now”.
He added: “That involves not just trade but also economic security, which is increasingly important.
“But when it does come to trade, what we have been doing with the US, we are looking at specific and targeted ways to improve trade between our countries.
“It’s also worth saying that we already have an unbelievably strong trading relationship with the US.”
Asked whether or not the concept of a commerce deal had been an unrealistic promise, Mr Sunak replied: “Since I’ve been Prime Minister, we’ve been focused, as have the US, on making sure that our economic partnership reflects the opportunities and challenges of the time that we face now.”
