US, UK fail to sign trade deal, talks ongoing
London seeks deals that are from being at the top of Biden's agenda.
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Anne-Marie Trevelyan, UK trade secretary, left, and Katherine Tai, US trade representative, resume talks on a UK-US trade deal this week. (Getty Images)
The United Kingdom and the United States failed to strike an agreement on the post-Brexit trade deal on Tuesday. This comes after two days of ongoing talks. However, they asserted that they will be working on a deal.
The International Trade Minister for the UK, Anne-Marie Trevelyan, met with Katherine Tai, the US representative, in Aberdeen, just after a "transatlantic dialogue" in March looking to bolster trade between the two countries.
Tai refused to rule out the free trade agreement - something UK Prime Minister Boris Johnson is after - it is not a priority for the Biden administration.
"We have a dialogue planned for later in the spring, which will be around subjects of Small and Medium Enterprises," Trevelyan told reporters in London.
London and Washington, in a joint statement, emphasized their support for supply chains, in addition to collaboration on food security and the environment.
"The purpose of these dialogues is, in the face of additional change, and dynamism and fluidity in the global economy, to explore how we can bring together our strengths and our synergies to respond effectively, meaningfully and, ultimately, to deliver for our people, our businesses and our economies," Tai said.
In January last year, the UK left the EU and has been after international trade deals to uphold its economy.
A British agreement with the US is a priority for London; however, Biden hasn't been too enthusiastic about it.
