UK trade secretary Liam Fox MP is due to visit Washington, D.C. on Monday, 24 July for talks with the US administration on a future UK-US trade deal. As representatives of working people on both sides of the Atlantic, we want to know what exactly he is after except air miles and a publicity stunt.
Mr Fox has claimed that Britain’s tremendous trade with the European Union can be replaced – and even improved upon – by enhanced trade with the USA and other countries.
For the UK, that’s a dangerous pipe dream, because despite the enormous trade flows between our two countries, it’s unlikely that the USA could come close to replacing a significant proportion of the UK’s current trade with the rest of Europe, which is half of all UK trade.
And for the USA, trade with the rest of the EU is far greater than trade with the UK, and much more likely to grow.
To read the full Huffington Post article click here.
Frances O’Grady is general secretary of the Trades Union Congress.