Sophie Inge

6 days ago | politico.eu | Sophie Inge |Caroline Hug

LONDON — It’s not exactly the full-fat free trade agreement with the U.S. that the U.K. envisioned after Brexit. But given the circumstances, it will bring some relief to British industry. On Thursday Britain’s Labour government earned itself fresh bragging rights when it secured an economic agreement with the U.S., a mere days after sealing a much-anticipated — if controversial — free trade deal with India.

1 week ago | politico.eu | Jon Stone |Caroline Hug |Graham Lanktree |Sophie Inge

LONDON — The fifteenth time’s a charm, it would seem. After a series of false starts, missed Diwali deadlines and changes of government, the U.K. and India have finally put their differences aside to strike a free trade agreement. But the final pact — with some details set out Tuesday — is far from what negotiators imagined when they launched the talks back in 2022, with compromises made on both sides.

2 weeks ago | flipboard.com | Graham Lanktree |Sophie Inge

9 hours agoTreasury Secretary Scott Bessent said that China is in jeopardy of losing millions of jobs amid escalating tension between Beijing and the U.S. stemming from tariffs. "I think that over time we will see that the Chinese tariffs are unsustainable for China," Bessent told reporters at the White House …

2 weeks ago | politico.eu | Graham Lanktree |Sophie Inge

LONDON — Britain and India are closing in on a long-coveted trade deal after an intensive two-day negotiating sprint in London. British business leaders have been invited to No. 10 Downing Street on Tuesday afternoon for an announcement on the talks. It comes after India’s trade chief Piyush Goyal told attendees at a business roundtable in London Tuesday morning that “25 of 26 matters have been agreed” in the negotiations, three people familiar with the briefing told POLITICO.

2 weeks ago | politico.eu | Michael Stratford |Sophie Inge

Britain’s Chancellor Rachel Reeves said the U.K. is working “flat out” on a trade deal with the U.S. — and specifically seeking to lower tariffs on automotives and those looming over pharmaceuticals. “We want to see barriers to trade fall — and we recognize that both sides need to do that,” Reeves told POLITICO in an interview in Washington D.C. on Thursday.