In contrast with UK-EU negotiations, begun earlier this week, these are the high points of Great Britain’s suggestion of what a US-UK trade deal would look like.
- reduce or remove tariffs for UK exports…US has indicated its intention to seek to reduce or remove UK tariffs on US exports in a UK-US FTA
- customs procedures at the border are as facilitative as possible makes importing and exporting easier
- address subsidies which have the potential to distort trade. Provisions for fair, effective and transparent competition rules could underpin liberalisation of trade between the UK and the US
- a UK-US FTA as an opportunity to build on our global leadership in this area to develop a world-class [Intellectual Property] chapter
These form the core of an actual free trade agreement, one that is much better than the restrictive, anti-competition, anti-business straitjacket in which the EU wants to trap Great Britain and in which it wants to keep remaining member nations trapped.
The proposal itself can be seen in its entirety here.