US Treasury Secretary Steven Mnuchin said the trade eal between the US and UK after Brexit is a top priority, AFP reported.
According to him, he hopes to conclude a deal by the end of the year.
A spokesman for the UK PM Boris Johnson, commenting on Mnuchin’s statement, said that both parties have stated that they want to agree on an ambitious free trade agreement as soon as possible.
Mnuchin’s UK counterpart, Sajid Javid, will begin trade talks with both the EU and the US, hoping to rid the British economy of any short or medium term shocks related to Brexit.
Mnuchin said that Javid told the US that London doesn’t want to conclude both deals in 2020.
The deals between the UK and the US is an absolute priority for President Donald Trump, he noted
US Secretary of Commerce Wilbur Ross believes it will be easier for the UK and the US to conclude a deal than with the EU, given the close existing ties.