The Wall Road Journal is gated, however Reuters have the gist of the report:
- US will purpose for the U.Ok. to cut back its automotive tariff from 10% to 2.5%
- US will even push UK to chill out guidelines on agricultural imports from the US, together with beef, and revise guidelines of origin for items from every nation
WSJ cites unnamed sources for what’s within the US negotiation phrases for commerce talks with the UK.
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ps. the large information from earlier, two main coverage reversals from Trump:
- Trump backing away from tariffs, backing away from firing Powell – will it last?
- Trump says he has no plans to Fire Federal Reserve Chair Powell
- Trump says he is going to be very nice to China, they have to make a deal
This text was written by Eamonn Sheridan at www.forexlive.com.
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