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USA strives to negotiate trade agreements with Japan, Britain and the EU



  President Donald Trump with US Sales Representative Robert Lighthizer at the White House Oval Office in Washington, DC, January 23, 2018.

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The US has said it wants to negotiate Three separate trade agreements with Japan, the UK and the EU lead

It may take several months for negotiations to begin.

The move is part of efforts by US President Donald Trump to reshape trade policy in support of his "America First" agenda.

It is because of this that the US has waged a trade war with China, the world's second largest economy.

"We will continue to expand US trade and investment by negotiating trade agreements with Japan, the EU and the UK," said US Commercial Representative Robert Lighthizer.

"We are committed to timely and substantiate these negotiations results for American workers, farmers, ranchers and businesses."

The US is planning negotiations with Japan, the world's third largest economy, "as soon as possible, but not sooner As 90 days after the date of this announcement, Mr. Lighthizer wrote in a letter to Congress.

Negotiations with the UK will begin "as soon as it is ready" after leaving the European Union in March 201

9, he said.

The goal is "to address both tariff and non-tariff barriers" and to achieve free, fair and reciprocal trade, "said Mr. Lighthizer.

Trump's preference for bilateral multilateral agreements is part of a protectionist trade policy that he has since taking office in 2016.

He pulled the US out of the Trans-Pacific Partnership deal early in his reign and has a trade agreement between the US , Canada and Mexico renegotiated.

Trump's trade war with China continues to escalate, with companies already feeling the pinch and experts cautioning it will harm global growth.

  • US-China Trade War: What has happened so far?
  • How China Fights Back in the Trade War

The United Kingdom Seeking (19659005) "The United Kingdom welcomes the US Government's confirmation that it intends to start negotiations for a free trade agreement with the United Kingdom as soon as possible leaving the EU, "a government spokesman said

While Britain is unable to negotiate trade agreements until it formally leaves the EU, a US-British working group set up in 2017 is preparing the ground for a possible future trade agreement.


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