/biz/ - Business & Finance

https://www.youtube.com/watch?v=vjD3EVC1-zU

>The US has published its objectives for a proposed trade agreement with the UK – and its thinking highlights just how weak Britain’s bargaining position will be in the post-Brexit global economy.

>The emphasis is very much on the UK aligning itself with US standards. This will have major implications. It will move the UK away from the EU standards it currently has.

>The US is taking a tough line from the outset on a number of issues. With US agricultural imports would also come US agricultural and sanitary and phytosanitary standards, which are in place to protect against diseases. For British farmers, the wholesale removal of trade barriers with the US may also come at a time when the industry is particularly vulnerable. Following Brexit, British agriculture will lose access to the EU subsidies it receives through the Common Agricultural Policy.

>When it comes to services, US demands are much more dramatic. Central to US plans will be to privatise and deregulate British services, such as healthcare provision or utilities and infrastructure, to enable easy market access for internationally-engaged American enterprises. These same corporations are actively engaged in the trade agreement process on the US side.

>American ambitions for bringing UK regulations in line with its own also extends to trade of digital goods and services, potentially causing a tremendous shift away from EU regulations, which concern everything from intellectual property rights to data protection and digital privacy.

https://theconversation.com/brexit-britains-weakness-exposed-in-us-trade-deal-documents-113077