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9/23, 5:37 AM (Source: TeleTrader)
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US, UK aim to sign trade deal by July 2020 - report

United Kingdom Prime Minister Boris Johnson has accepted the proposal from the United States President Donald Trump to work toward reaching a trade deal between the two countries by July next year, the Sun reported citing a senior government source in London. The commitment to work towards this deadline "could" be announced next week at the United Nations General Assembly in New York City, the report added. The negotiations can only begin when Britain formally leaves the European Union.

"The political will is there now on both sides to do the deal by July," the source said, as Trump wants to focus on the reelection campaign in the period after that. The deal would reportedly be the biggest bilateral free trade agreement that Washington was ever a part of. If it is signed, however, the implementation would have to wait for the transitional period of the potential Brexit deal to expire.

Breaking the News / NI