Lutnick, Greer Meet on Potential 'Bilateral Trade Agreement' With UK Trade Minister
The Commerce Department hinted at the potential for a future free trade agreement with Britain in a press release on March 19.
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Commerce Secretary Howard Lutnick and U.S. trade representative Jamieson Greer held a meeting with UK Secretary of State for Business and Trade Jonathan Reynolds and the Prime Minister’s Special Adviser on Business and Investment Varun Chandra "to discuss a potential bilateral trade agreement" between the two countries. This follows a meeting last month between President Donald Trump and UK Prime Minister Keir Starmer after which Trump said that he is "very receptive" to a FTA (see 2502270053).
During the meeting, Lutnick said it was "his desire, [and] the Trump Administration’s view, that any future agreement will lower barriers for American companies, while creating jobs in both countries and supporting the growth of critical sectors of the economy," according to the release.
Commerce said that "the effort to develop this deal will continue to unfold over the coming days and weeks."