Liz Truss admits US trade deal will not resume for years

The travel to the US today by our new UK Prime Minister, Liz Truss appears to reflect on the statements from the Government over the last six months. Apparently there is no prospect for a deal with the USA for free trade for many years. Given that we left the EU with many claims that we would obtain opportunities for our economy with other Nations, this is very disturbing. Way back before our departure from the EU and indeed when Liz Truss arrived in Parliament back in May 2010, she spoke in December 2010 with the following comment

Unlike America, England does not have vast prairies that yield economies of scale. We do, however, have great access to European markets, high quality products and immense marketing capability, and we need to use them more. Let us look at the Foreign and Commonwealth Office’s progress in expanding exports. I fully support its efforts to make greater use of our commercial capabilities and our embassies and high commissions abroad. Food and farming should be one of the leading industries that the FCO promotes. Heygate’s flour mill in Downham Market has had great success in promoting flour products in the middle east, for example, and there is no reason why such successes cannot be replicated across other industries.

As Guardian published back at the end of April this year with the headline Britain’s hopes of post-Brexit US trade deal ‘depend on workers’ rights’ and its sub headline stated Unions from both sides of the Atlantic accuse Boris Johnson’s government of failing to grasp importance of labour rights and it went on to say

Britain’s hopes of a favourable post-Brexit trade deal with the US risk being undermined by the government’s lack of engagement on workers’ rights, trade unions have warned. As a second round of US-UK talks begins this week, union leaders from both countries said Washington would push for a “worker-centred approach to trade” to help unlock a deal. Accusing Boris Johnson’s government of failing to grasp the importance of labour rights, the TUC and the AFL-CIO, the biggest union federations in the UK and the US, said a change of tack was urgently required. It comes as ministers push to build new ties around the world after leaving the EU, with a US trade deal considered a prize target for the government as it attempts to demonstrate benefits of Brexit.

Earlier today along with todays Guardian piece that is shown above on the left hand side and it begins with

Britain may not strike a free trade deal with the US for years, Liz Truss has admitted ahead of her first bilateral meeting with Joe Biden. The new prime minister conceded that talks were unlikely to start in the “medium term” as she travelled to New York on her first foreign trip since entering Downing Street.

An there was also this piece published by the PA Media by Sam Blewett which begins with

Liz Truss has conceded that negotiations for a post-Brexit free trade deal with the US will not restart for years as she flew to New York ahead of a meeting with Joe Biden. The Prime Minister stressed her trade priority is striking agreements with India and the Gulf states, and joining a trade pact with nations including Australia and Japan.

So the question now needs to be raised as to what can we do as a Nation to reconnect to the EU?

About ianchisnall

I am passionate about the need for public policies to be made accessible to everyone, especially those who want to improve the wellbeing of their communities. I am particularly interested in issues related to crime and policing as well as health services and strategic planning.
This entry was posted in Economics, EU Referendum, Parliament and Democracy and tagged , , , . Bookmark the permalink.

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