Trump visit to bring ‘£7.3bn’ UK investment bonanza in major Brexit boost | World | News
Donald Trump’s visit to England is likely to see billions of pounds of trade investments announced between the two countries. The US President left Washington with First Lady Melania Trump on his way to England for an unprecedented state visit.
Trump and his wife will come to Britain on Tuesday evening and spend the night at the US Ambassador Winfield House. On Wednesday, he will go to Windsor to meet King Charles before he spent British Prime Minister Sir Keir Starmer on Thursday. According to the best US political expert, the President will prioritize trade talks with the business leader and are expected to announce a series of new investments during his visit.
James D. Boys is an honorary senior research assistant at the US Political Center in London University College (UCL).
“Trade will be at the center of this visit,” Express said. “The invitation was expanded because Trump announced the Independence Day and many countries were jealous in the agreement that Britain was with the United States, which is largely due to the status of outside the EU due to the Brexit vote.
He said: “The President has more than 10 billion dollars (£ 7.3 billion) when the President is in the UK, and since he started the tariff attempt in April, he has a very useful trade agreement and an internal investment announcement.”
Unlike the EU, Brexit Britain was able to provide significant “sectoral privileges” in the trade agreement with the United States – but still the basic mutual mutual will have to pay 10% tax. Download Street negotiators accepted the tariff free trade for the UK steel and aluminum exports.
Britain was given an annual 100,000 car quota annually in a 10% tariff for the UK -based automotive manufacturers. This represents a significant reduction from 25% tax that other exporters should pay.
In a great support for Britain, Google owner Alphabet has announced an investment of 5 £ 5 in the UK Artificial Intelligence (AI), which shows the potential new economic opportunities that can be brought by the United States.
On Tuesday, the company will officially open a £ 735 million data center in Waltham Cross and Waltham Cross and Walthadshire on Tuesday.
The investment will expand this site and also contain funds for London -based Deepmind. The company is managed by the British Nobel Prize owner Sir Demis Hassabis and deploys AI to revolutionize advanced scientific research.
Dr Boys also said that the “private relationship” between the US and Britain is still very lively and is based on stronger ties than personal relationships.
“The private relationship was said to have returned more than Sinatra.”
“It is usually written and dismissed as an attempt to increase the importance of England in a figure of the British imagination or Washington DC.
“The special relationship seems to have been prioritized in the UK when he became a popular president in the White House, and he was rejected when the situation was not.
