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What s Behind UK-US Mini Trade Deal & Will It Pave the Way to Broader Free Trade Agreement?

What s Behind UK-US Mini Trade Deal & Will It Pave the Way to Broader Free Trade Agreement? © AP Photo / Peter Nicholls Subscribe Sputnik International https://sputniknews.com/uk/202012171081494297-whats-behind-uk-us-mini-trade-deal will-it-pave-the-way-to-broader-free-trade-agreement/ The mini-deal that is reportedly being considered by the Johnson government and Trump administration is mostly of a symbolic nature, say British economists, outlining what benefits No 10 could reap from the trade manoeuvre. On Wednesday, US Trade Representative Robert Lighthizer told the BBC that the US and UK are mulling over a mini-deal envisaging a reduction in US punitive tariffs on Scottish whisky and cashmere in response to London s decision to drop tariffs against Washington over subsidies for Boeing.

Brexit news: Boris Johnson faces

| UPDATED: 23:45, Sat, Dec 12, 2020 Link copied Sign up for FREE now and never miss the top politics stories again SUBSCRIBE Invalid email When you subscribe we will use the information you provide to send you these newsletters. Sometimes they ll include recommendations for other related newsletters or services we offer. Our Privacy Notice explains more about how we use your data, and your rights. You can unsubscribe at any time. Boris Johnson failed to come to a final arrangement with EU Commission President Ursula Von Der Leyen at dinner last week, putting the UK within spitting distance of a no-deal Brexit. Both Mr Johnson and the EU have since warned no-deal is likely and urged people to prepare for this scenario, branded a potential disaster by economics experts. The country risks compounding the effects of Covid-19 for both locals and the EU, but the Prime Minister in a far weaker position, according to one expert.

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