UK Announces New Trade Deal Negotiations With Canada and Mexico
The United Kingdom is preparing to kick off negotiations on trade deals with Canada and Mexico with the hope of expanding deals signed in 2020, the U.K.'s Department for International Trade announced in a May 18 news release. Last year's…
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deals secured tariff-free exports from the U.K. on 98% and 88% of goods to Canada to Mexico, respectively, the release said. The expanded trade deal will have a stronger emphasis on industries such as digital, data and services and seek to bolster British jobs in car manufacturing and food and drink. The Department for International Trade is calling for input from concerned individuals, entities and other stakeholders on what the goals of the trade agreements should be.