Supply Chain Research

A potential trade deal was discussed between U.K. Trade Secretary Fox and U.S. Trade Representative Lighthizer. The U.K. cannot sign a deal until it leaves the EU in March 2019, but it could engage in talks beforehand to allow a deal signing immediately afterwards. The challenge for the U.K. is relevance to U.S. trade policy. The Trump administration’s trade doctrine focuses on reducing trade deficits in part by boosting exports. In that regard the U.S. actually runs a trade surplus with the U.K., totalling $487 million in the past 12 months. Exports have been contracting though, falling...