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U.S. halts UK tech trade deal negotiations, FT reports
- On Dec 15, the United States suspended the Tech Prosperity Deal with the United Kingdom, with British officials saying talks were halted last week while the U.S. sought concessions beyond the partnership.
- Frictions stem from U.S. officials’ frustration with Britain’s refusal to address non‑tariff barriers, including rules on food and industrial goods, and demands for concessions on digital rules, online safety, and beef market access.
- Announced in September, the Tech Prosperity Deal aimed to boost cooperation on AI, quantum computing and nuclear energy while the U.K. announced �31 billion in planned investment from U.S. tech firms including Microsoft, Nvidia, Google, OpenAI and CoreWeave.
- A U.K. government spokesperson said the special relationship with the U.S. remains strong, and Business Secretary Peter Kyle and Technology/Science Secretary Liz Kendall travelled to the U.S. last week with both sides agreeing to continue negotiations in January.
- The agreement would establish AI‑enabled research programs in biotechnology, precision medicine and fusion energy, and the U.S. as Britain’s largest trading partner means the pause could affect broader trade and research ties.
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The Financial Times reported that the US has suspended talks with Britain on a technology deal.
·Estonia
Read Full ArticleUS freezes $42B trade pact with UK over digital tax row
Tech Prosperity Deal paused after London resists pressure on online services levy The US government has put a proposed $42 billion (£31 billion) trade pact with the UK on ice because the European country has yet to budge on its Digital Services Tax (DST).…
US suspends technology deal with Britain, FT reports
The United States has suspended a technology deal it struck with Britain earlier this year which was intended to boost ties in artificial intelligence, quantum computing and civil nuclear energy, the Financial Times reported on Monday.
·United Kingdom
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Total News Sources25
Leaning Left1Leaning Right6Center6Last UpdatedBias Distribution46% Center, 46% Right
Bias Distribution
- 46% of the sources are Center, 46% of the sources lean Right
46% Right
C 46%
R 46%
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