Trump Will Call British Trade Deal Shots as May Needs to Protect Autos and Pharma — Panjiva


Trump Will Call British Trade Deal Shots as May Needs to Protect Autos and Pharma

Cons. Discr. - Autos 661 Cons. Staples - Food/Beverages 395 Energy - Conventional 272 Health Care 108 Industrials - Aero/Defense 132 Trade Deals 702 U.S. 3297 United Kingdom 194

President Trump and Prime Minister May will likely discuss a future trade deal between America and the U.K. this week. While the U.K. won’t be able to sign a deal until after it leaves the EU the groundwork could be laid. The U.S. is Britain’s largest trade partner after the EU. America had a goods trade surplus of $6.5 billion in the 12 months to May 31 so the President’s stance is unlikely to be hostile. Prime Minister May should ensure at least four issues are dealt with. First is an exemption for the autos industry from the section 232 review. Car exports to the U.S. were worth $8.9 ...

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