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Senators Introduce Bill To Promote FTA With UK

A bill introduced by Sens. Tom Cotton, R-Ark., and Mike Lee, R-Utah, would require the president to start negotiating a trade agreement with the United Kingdom within 30 days of enactment, in an effort to conclude the deal within a…

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year, and would require the U.S. to keep operating under the status quo of current commercial agreements with the UK, despite Brexit, unless the EU determines otherwise. "The United Kingdom has stood with us at the front lines of battle, and it should therefore be at the front of the line for a free trade agreement that benefits both our nations," Cotton said in a statement (here). "At this time of transition for our ancestral ally, it is in our deepest interest to reaffirm the Special Relationship.”