Euroactiv<\/a>, the three-page document drawn up by the Government reiterates the UK\u2019s and EU\u2019s commitment to \u201cfree and open trade\u201d and \u201cinternational development\u201d while going on to describe multilateralism as \u201cvital\u201d.<\/p>\nIt comes as Trump imposed tariffs on all imports into the US, made swingeing cuts to international aid, and pulled the US out of multilateral bodies such as the World Health Organisation.<\/p>\n
It will also reaffirm both sides \u201csupport for Ukraine\u2019s independence, sovereignty and territorial integrity within its internationally recognised borders\u201d, which appears to go against Trump\u2019s plans for a peace deal with Russia that will see occupied Crimea handed to Moscow.<\/p>\n
Downing Street said it would not comment on speculation around the talks taking place between the UK and EU, but the Prime Minister\u2019s official spokesman added: \u201cThe Prime Minister has been clear that there are significant benefits to be had by having a better partnership with the EU in terms of jobs, British businesses, reducing trade barriers, and indeed, keeping us safe in an increasingly dangerous world. So you\u2019d expect us to be discussing a wide range of issues with the EU.\u201d<\/p>\n
The news has prompted speculation that the UK will not secure a trade deal with the US before the UK-EU summit next month, with senior Cabinet minister Pat McFadden casting doubts on the prospects on Sunday.<\/p>\n
The Chancellor of the Duchy of Lancaster said that while an agreement was possible, he added: \u201cI don\u2019t think it\u2019s certain.\u201d<\/p>\n
It followed comments last week from Chancellor Rachel Reeves, who insisted that improving trading links with the EU was \u201carguably more important\u201d than securing an \u201ceconomic deal\u201d with the US.<\/p>\n
There have also been doubts as to whether the UK\u2019s plans to make concessions, particularly in areas around agriculture rules with the EU, could undermine the chances of better trading terms with the US.<\/p>\n
Nevertheless, former trade officials said the White House would likely want to beat the EU to secure a deal with the UK.<\/p>\n
John Alty, a former director general at the Department for International Trade (DIT) and now a consultant at Pagefield, told The i Paper that while the US \u201cwill not like dynamic alignment\u201d with the EU, the White House could \u201ctry to preempt\u201d the UK-EU deal to \u201clock in concessions\u201d from the UK.<\/p>\n
Allie Renison, associate director at SEC Newgate and a former official at the DIT, agreed, adding: \u201cIf anything, they [the US] will want to get in there first, and the EU is more likely to want to wait to see what is negotiated with the UK. Also, it depends on whether we get outline frameworks to begin with rather than full final deals with both.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"Trade experts believe the US President will want to secure a trade deal with Britain before the EU…\n","protected":false},"author":2,"featured_media":58106,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7654],"tags":[802,32,2000,299,1699,3027,657],"class_list":{"0":"post-58105","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-ukraine","8":"tag-brexit","9":"tag-donald-trump","10":"tag-eu","11":"tag-europe","12":"tag-european-union","13":"tag-politics-news","14":"tag-ukraine"},"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@uk\/114416961671427246","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/58105","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/comments?post=58105"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/58105\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media\/58106"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media?parent=58105"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/categories?post=58105"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/tags?post=58105"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}