Headlines

UK Trade Minister Kyle says the deal negotiated with the US still stands

Newsquawk Staff ·

  • Still aspire to a comprehensive trade deal. 
  • To get such a deal, you need two partners "who want it". 
  • Believes tariffs are a lose-lose. 

What it means

The UK Trade Minister's reaffirmation of the trade deal with the US signals ongoing commitment despite potential challenges. His emphasis on the necessity of reciprocal desire for a comprehensive agreement and the belief that tariffs are detrimental may indicate a push against protectionist measures. This could ultimately influence market sentiment around UK-US relations and trade flows, impacting currency and equities related to trade-sensitive sectors.

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