Those who could not see this coming are those who just don’t pay attention to how President Trump operates the geopolitical influence of economics. This is Trumpian.
U.S. President Donald Trump and British Prime Minister Boris Johnson are walking their respective trade teams through a process to deliver a U.S-U.K trade deal on the day after a no-deal Brexit is scheduled to happen October 31st. An interim trade agreement that goes into effect November 1st 2019 is pure Donald Trump win/win deal-making.
President Trump supports the nationalistic position, purposes and intents of Brexit. PM Johnson has promised to deliver Brexit by the mandatory date of October 31st. One of the benefits, and also concerns amid the political left in the U.K, surrounds the economic impacts. President Trump and PM Johnson would counter all those concerns with the announcement of an agreement for an interim bilateral trade deal ahead of Brexit.
This strategic approach, a deal that delivers both the Brexit result and the economic stability to offset any Brexit downside concerns, was the original idea that President Trump proposed to Theresa May two years ago.
LONDON (Reuters) – Britain and the United States are discussing a partial trade accord that could take effect on Nov. 1, the day after Britain is due to leave the European Union, a senior Trump administration official said on Tuesday.
During a visit to London, U.S. national security adviser John Bolton discussed with British trade minister Liz Truss the possibility of the two countries’ leaders signing a road map declaration toward a trade deal.
That could take place at this month’s G7 summit meeting in France, the official said.
Bolton and British finance minister Sajid Javid discussed the possibility of a temporary trade agreement that covered all sectors. Such a deal could last for something like six months, the official told reporters.
Britain is due to leave the European Union on Oct. 31 and Prime Minister Boris Johnson has said he is prepared to take the country out of the bloc without a deal although he hopes to secure an orderly departure with an agreement.
The current impasse with the EU leaves Britain facing an exit without any formal transition period or legal agreement covering issues such as trade, data transfers and border policy, prompting some businesses to warn of damage to their operations.
During a two-day visit, Bolton told British Prime Minister Boris Johnson that President Donald Trump wanted to see a successful British exit from the European Union on Oct. 31 and that Washington would be ready to work fast on a U.S.-UK free trade agreement. (read more)
Aides to Trump and Johnson are laying the groundwork for an announcement on the issue when they meet on the sidelines of the G-7 summit in France in two weeks. Such a statement could outline a road map for negotiations and how the two countries envision their future trade ties, the official said.
The timing of it — during the G-7 and at their first meeting — would be intended to demonstrate a united front between the U.S. and the U.K as Trump and Johnson gather with European leaders, including German Chancellor Angela Merkel and French President Emmanuel Macron.
CTH could see the outline of what President Trump had in mind back in 2017. It’s a stunning maneuver, but also difficult to explain. Think of it like a U.K. version of the NAFTA fatal flaw where Britain is positioned like Mexico/Canada, and the U.S. is positioned like China. There would be massive, beyond stunning, economic up-side for Britain.
What Trump and Johnson could construct is a bilateral trade deal between the U.S. and the U.K that has genuine reciprocity and negligible trade barriers. Like a trade freeway between the U.K and the U.S, but only between the U.K. and U.S.
More success to be denied and ignored by the left. World socialism expects the United States to be the cash cow that keeps them all fat and provide security. Those days are ending and they are going to have to decide between their socialism or eating.