A Bilateral Trade Agreement

Antony Phillipson, Great Britain’s Trade Commissioner for North America, offered an assessment of the current state of the trade negotiations occurring between the US and the UK in a recent Wall Street Journal Letter.

Among other things, Phillipson had this:

US tariffs on UK steel, aluminium, and significant exports like Scotch whisky raise prices for US consumers and are an unhelpful backdrop to negotiations. We are pushing for a settlement to the Airbus-Boeing disputes and removal of all retaliatory tariffs.

The Brits, along with the EU at large when they still were a member state, the OECD, and the G-7, were offered a completely tariff-free regime, years ago, by President Donald Trump.

The Brits, along with the rump EU, the OECD, and the G-7, have yet to respond to that offer.

So, Commissioner Phillipson, what is your answer?

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