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US trade deal back on the table as presidential hopeful vows pact to ensure 'independence from China'



Vivek Ramaswamy has hinted that a potential trade deal between the US and UK could go ahead if he were to become president.

In a wide-ranging interview with Nigel Farage on GB News, Ramaswamy, 38, also told of how he also wanted to distance the US from the Chinese economy.


When asked whether he would be positive to a trade deal with the UK, Ramaswamy said: “Yes, depending on the terms, of course.

“But I do think that entering stronger bilateral trade relationships with our allies is a crucial step in declaring economic independence from China.”


Nigel Farage and Vivek Ramaswamy

Negotiations to settle a trade agreement between the UK and US began back in May 2020 but since October of the same year, there have been no further talks.

Earlier this year Business Secretary Kemi Badenoch admitted that the chances of striking a trade deal with the Biden administration in the near future are “very low”.

She went on to suggest that the reason there had been no progress on the deal was the change in administration from Donald Trump to Joe Biden.

“The US is not carrying out any free trade agreements with any countries, so I would say very low,” she told Sky News.

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Nigel Farage


“It all depends on the administration that's there - different presidents have different priorities

“Lots of countries have been looking to have a free trade agreement with the US, including us, but for now they've said that's not something they want to do and we need to respect that.

“Instead we're having other types of trading interactions and trading deals with them.”






from GB News https://ift.tt/SiqKJM6


Vivek Ramaswamy has hinted that a potential trade deal between the US and UK could go ahead if he were to become president.

In a wide-ranging interview with Nigel Farage on GB News, Ramaswamy, 38, also told of how he also wanted to distance the US from the Chinese economy.


When asked whether he would be positive to a trade deal with the UK, Ramaswamy said: “Yes, depending on the terms, of course.

“But I do think that entering stronger bilateral trade relationships with our allies is a crucial step in declaring economic independence from China.”


Nigel Farage and Vivek Ramaswamy

Negotiations to settle a trade agreement between the UK and US began back in May 2020 but since October of the same year, there have been no further talks.

Earlier this year Business Secretary Kemi Badenoch admitted that the chances of striking a trade deal with the Biden administration in the near future are “very low”.

She went on to suggest that the reason there had been no progress on the deal was the change in administration from Donald Trump to Joe Biden.

“The US is not carrying out any free trade agreements with any countries, so I would say very low,” she told Sky News.

LATEST DEVELOPMENTS


Nigel Farage


“It all depends on the administration that's there - different presidents have different priorities

“Lots of countries have been looking to have a free trade agreement with the US, including us, but for now they've said that's not something they want to do and we need to respect that.

“Instead we're having other types of trading interactions and trading deals with them.”




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