Tuesday, August 13, 2019

TIPSHEET_ Bolton: The United States Is Willing to Sign Micro Trade Deals With Britain Before Brexit

Townhall

Bolton: The United States Is Willing to Sign Micro Trade Deals With Britain Before Brexit

Yuichiro Kakutani
| Posted: Aug 13, 2019 3:35 PM



Source: AP Photo/Yong Teck Lim


The United States is open to signing "sector-by-sector" micro trade deals with Britain as the October 31 Brexit deadline looms, offering to the British economy a much-needed cushion from the worst impacts of a potential no-deal Brexit, according to National Security Advisor John Bolton on Wednesday.

"The ultimate end result is a comprehensive trade agreement covering all trading goods and services," Bolton said, according to The Guardian. "But to get to that you could do it sector by-sector, and you can do it in a modular fashion. In other words, you can carve out some areas where it might be possible to reach a bilateral agreement very quickly, very straightforwardly."

In particular, Bolton noted that he is optimistic that Britain and the United States can sign a trade agreement in areas like manufacturing, a key sector for the Trump administration. He did note, however, that deals in other sectors like finance might take some time.

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READ MORE: https://townhall.com/tipsheet/yuichirokakutani/2019/08/13/bolton-the-united-states-is-willing-to-sign-micro-trade-deals-with-britain-befor-n2551573



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