Another Brexit disappointment as new PM Liz Truss admits no US trade deal on horizon, as she flies in for US meeting
Politics / Tue 20th Sep 2022 am30 07:19am
BRITAIN may not strike a free trade deal with the US for years, Liz Truss has admitted ahead of her first bilateral meeting with Joe Biden reports The Guardian.
The new prime minister conceded that talks were unlikely to start in the “medium term” as she travelled to New York on her first foreign trip since entering Downing Street.
In a move likely to disappoint Brexiters, she downplayed expectations that any trade agreement was imminent amid concerns that overpromising but then failing to get talks off the ground would damage her nascent administration.
On the plane to the US, Truss admitted to reporters: “There aren’t currently any negotiations taking place with the US and I don’t have any expectation that those are going to start in the short to medium term.”
At best Brexit is a slow-burn economic catastrophe.
There was a chance for a deal with Anglophile Trump, but the Government at the time squandered the opportunity, unfortunately. See https://order-order.com/2022/09/20/labour-mps-now-keen-on-dropped-us-trade-deal-they-opposed/
Just to clarify: I realise Labour weren't in power at the time.
I recall being asked in 2018 at a packed All Members meeting of Harlow Labour Party why I campaigned for and voted Remain in the Referendum despite having campaigned against the EU for years. Short answer: "Nobody had an economic plan to deal with the consequences of leaving the largest trading bloc on the planet." My answer is still sound 6 years on.
I remember the good old days of working with the EU. Booked a meeting room in Brussels for 6am meeting in winter, room was provided with no light bulbs, as you had to book the lightbulbs separately. Then they gave us 1 million in funding for an engineering project, which we payed back to them in fees for running the project( not funding then is it)And at the end we were congratulated as not only did the project work, but it was the first time in EU history anyone stuck with it to the end. Apart from a few nice jolly ups at taxpayers expense the whole experience was a huge waste of EU/taxpayers money. It’s always painful leaving an abusive relationship.