Agreement unlikely in U.K. and U.S. trade talks until after 2020 due to coronavirus



Archie Mitchell | MarketWatch

There is no chance of a trade deal between the U.K. and the U.S. being completed in 2020, officials reportedly said on Tuesday.

The U.K. and the U.S. have been negotiating a free trade deal since the U.K. left the European Union.

The U.K. had hoped for a deal in time for 2021, when its transition period with the EU, under which it trades on the same terms as when it was a member, ends.

Meanwhile, a quick deal for the U.S. would have boosted President Donald Trump heading into the November Presidential election.

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