British Prime Minister Boris Johnson said Tuesday that getting a free trade deal with the United States would be "a tough old haggle," after US National Security Adviser John Bolton promised the U.K. quick sector-by-sector trade deals once it leaves the European Union.
Bolton said after meeting Johnson on Monday that "it might be possible to reach a bilateral agreement very quickly, very straightforwardly" in some areas of trade after Brexit.
Bolton said that "in the Trump administration, Britain's constantly at the front of the trade queue or line as we say."
Johnson on Tuesday said, "In the US there are all sorts of opportunities we have to open up trade. We will do a great deal with them and it will open up opportunities for UK businesses, and especially service companies, in the US. It will be a tough old haggle but we will get there."
"President Trump wants a win before the election next year, Boris Johnson wants a US deal," Henig said. "So it's not impossible to see them announcing on November 1: 'We have a trade deal.' It might not mean an awful lot...The devil, as often, could be in the detail."
Disclaimer: No Business Standard Journalist was involved in creation of this content