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UK-EU Alignment Challenges US Trade Deal, Says Trump Official

Financial Times Companies •
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The UK's alignment with EU rules is hindering its trade deal progress with the US, according to top Trump official Jamieson Greer. Speaking to the Financial Times, Greer warned that Britain is choosing "Brussels over America," failing to leverage Brexit to liberalize markets and accept US goods and agricultural standards. Greer stated the UK is not taking advantage of its newfound freedom, waiting instead for EU guidance.

This comes as Britain and the EU deepen ties six years post-Brexit, while Trump threatens new tariffs and targets across the Atlantic. Meanwhile, UK Labour leader Andy Burnham signals a determination to move closer to Brussels, arguing Brexit has damaged the British economy. In other news, Norway's $2.3tn sovereign wealth fund proposes slashing US Treasury holdings by $80bn to boost returns.

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