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The newspaper notes that this decision comes "as growing frustration in Washington emerges over the progress of trade discussions with London." British officials confirmed on Monday that the U.S. suspended the agreement last week, and one of them stated that the Trump administration is pushing for concessions from the UK in areas of trade beyond the technology partnership.
Trade negotiations between the U.S. and the UK have been taking place since May, following an agreement to reduce Trump's strict tariffs on British products. Sources indicate that the US officials are growing increasingly frustrated with the UK's hesitation to eliminate so-called non-tariff barriers, such as regulations and rules related to food and industrial products, as reported by the publication.
The report quotes a British official as saying, "We are starting to address some of the most challenging issues. Both sides expect this to take some time. However, the dialogue remains open, ongoing, and constructive."
source: ft.com
Trade negotiations between the U.S. and the UK have been taking place since May, following an agreement to reduce Trump's strict tariffs on British products. Sources indicate that the US officials are growing increasingly frustrated with the UK's hesitation to eliminate so-called non-tariff barriers, such as regulations and rules related to food and industrial products, as reported by the publication.
The report quotes a British official as saying, "We are starting to address some of the most challenging issues. Both sides expect this to take some time. However, the dialogue remains open, ongoing, and constructive."
source: ft.com
