© Reuters. FILE PHOTO: The US Senate Finance Committee holds a hearing on the appointment of Katherine Tai as US Commercial Agent.
WASHINGTON (Reuters) – Recently confirmed U.S. Trade Representative Katherine Tai is expected to hold a call next week with U.K. Commerce Secretary Liz Truss to discuss a number of trade issues between the two allies, a person familiar with the agreements mentioned Thursday is.
The call would come as the United States and the United Kingdom agreed to a four-month suspension of some tariffs to resolve the longstanding dispute over subsidies for Airbus and Boeing (NYSE 🙂 Co.
The 17-year-old dispute with the countries of the United Kingdom and the European Union is one of the first important topics on Tai’s to-do list when she takes office. Britain and the United States have also tried to negotiate a comprehensive trade deal, but the talks have largely been on hold since President Joe Biden’s election in November.
Officials from the US Trade Representative’s Office and the UK Department of International Trade did not respond to requests for comment on the call.
The Biden administration has said it wants to improve relations with allies affected by former President Donald Trump’s tariffs and trade threats, particularly to address China’s trade practices more broadly. However, no specific wish was expressed for the UK trade agreement to be concluded.
In answering the senators’ questions during their verification process, Tai made no commitment to make a deal.
“If this is confirmed, I plan to carefully review the status of negotiations with the UK,” Tai wrote in response to a question from Republican Senator Richard Burr. “In general, and in consultation with Congress, I will develop trade policies that are in line with the Better Back Down agenda, which prioritizes the interests of American workers and supports a strong recovery in our economy.”
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