Prospects for a UK-US Trade Deal
Where does Brexit leave the UK-US Trade Deal?
This podcast episode was recorded on 25 June 2020.
Moderator
Rem Korteweg, Senior Research Fellow, Clingendael Institute
Panellists
Marjorie Chorlins, Senior Vice President for European Affairs, U.S. Chamber of Commerce
David Henig, Director of the UK Trade Policy Project, European Centre for International Political Economy
The AIG Global Trade Series 2020 examines the ongoing transformation of the world’s multilateral trading system.
We enter the second half of the year with the UK facing the very real prospect of exiting the European Union without a trade deal. As the talks with Brussels approach a conclusion which will have long-term consequences for the British economy, the UK government is looking to secure growth by enhancing its trade relations with the United States. In Washington meanwhile, future trade with both the UK and the EU is being seen through the prism of geopolitical self-interest and a Presidential election campaign.
In this podcast, moderator Rem Korteweg of the Clingendael Institute is joined by Marjorie Chorlins, Senior Vice President for European Affairs at the U.S. Chamber of Commerce and the Executive Director of the U.S.-UK Business Council, and by David Henig, Director of the UK Trade Policy Project, European Centre for International Political Economy. Listen as they discuss the future of an independent UK trade policy in an era of Covid-19 and US-China confrontation.
What does the UK hope to achieve by negotiating simultaneously with its two largest trading partners—the United States and the European Union? How is this viewed from the United States, which must evaluate the benefits of having the UK outside of the EU as a potential free trading partner? Is there really enough time left in 2020 to create a series of workable trade deals out of the vast amount of details yet to be settled? Or will the UK’s political need to craft a deal of any kind override any obstacles in its way?
The Global Trade Series is a collaboration between AIG and the following international organizations with leading expertise on global trade: Georgetown Law, Institute of International Economic Law; Chatham House; the Clingendael Institute; the International Chamber of Commerce; the Delors Institute; the Lee Kuan Yew School of Public Policy, National University of Singapore, and the Bertelsmann Stiftung (Knowledge Partner).
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