Saturday, 27 Apr 2024

Liz Truss pitches US-UK trade deal to Silicon Valley during Brexit Britain charm offensive

UK-US trade deal discussed by Liz Truss

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Liz Truss has set out to charm US tech pioneers with a pitch about how a future UK-US free trade agreement could become the gold standard for global digital trade. During the five-day tour, the International Trade Secretary is due to meet Silicon Valley businesses and investors to discuss opportunities for Global Britain after Brexit.

Ms Truss has refused to be tied down to a timeline for negotiations but has hailed “huge opportunities” for closer cooperation between Washington DC and London on trade.

She told Bloomberg: “I have never set a deadline for any trade negotiation because the important thing is to get the right deal that works for both countries.

“I think there is a huge amount that we can do together.

“The US is the UK’s single largest trading partner, a million Brits work in the US, a million US citizens work in the UK…work for UK business so there are huge opportunities to build a closer relationship.”

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Speaking on Tuesday ahead of her return to the UK later in the week, the International Trade Secretary laid out plans to visit Silicon Valley and pitch closer trade cooperation to US business leaders.

She said: “I am going over the West Coast to meet leading figures from the tech industry.

“Meeting politicians on the West Coast as well.

“But I am interested in getting the right deal that suits both of our countries rather than being in a hurry to do it,” added Ms Truss.

Brexit: World 'knocking on our door' insists Liz Truss

It comes as the International Trade Secretary took to social media yesterday to offer an update on trade talks with the US.

Truss penned: “Great to see Dr Bronaugh @USDA on agri trade.

“Pushing to lift ban on UK lamb exports, US is world’s 2nd largest importer.

“Welcoming return of British beef exports to the US.

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“Cooperation on climate.

“I gave her British Stilton to celebrate the removal of 25 percent retaliatory tariffs!”

The US West Coast home to some of the world’s biggest tech companies.

Ms Truss visit to Silicone Valley is to promote the UK as a leading investment destination ahead of the Global Investment Summit in October, according to a Government statement.

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