US-UK trade deal squeezes China supply chains

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The United Kingdom has adopted strong US security for its steel and pharmaceutical industries that diplomats see as a template that Washington may exclude China from other countries’ strategic networks.

Thursday trading deal He offered tariff assistance to industries, but only on the condition that Britain “works immediately to meet the US requirements” of their supply chain and the ownership of appropriate production facilities.

UK officials say that the provision used for some third countries, but admitted that Trump had affected it Shirt was the intended target.

Industry groups sought to clarify the nature of US requirements on the security and ownership of the supply network, and trading experts claimed that the transaction states that the trump card causes long-term requirements for strategic importance.

“Washington wants Great Britain and other countries to open their books and eventually leave Chinese trade and investment, particularly in sensitive areas of steel,” said a former official of the British Department.

Is text From the fifth page of the United Kingdom, which was hastily collected for the April 2 of the April 2, the tariff assistance for the British products will depend on how special imports affected.

It adds that US programs to reduce UK tariffs are based on “common national security priorities”, as well as what he describes as “balanced trade relations”.

Sam Lowe, the leader in the consulting Flint Global, said that it is expected.

But the EU’s senior officials say that China’s conditions have had potentially serious consequences for efforts to agree with Washington with the bloc.

Two officials involved in negotiations with the Trump administration have stated that the Alliance is fighting for reproducing the elements of such an economic security of the United Kingdom trade agreement.

“There is no unity of how to approach China,” said one of the official members.

The British Working Government has accused the “complete nonsense” of the opposition conservatives that this week’s deal, which also offers the British Aluminum Tariff and Veto for Veto Supply Networks.

“There is no veto in the Chinese investment in this commercial transaction, this is not what this commercial deal is concerned,” said Times Secretary General.

One British official said:

Rehis is now in the Security Council, says the US demands are in line with the accelerating trend, noting that Biden’s administration has demanded to see the tariffs for the former Trump steel.

He said that Beijing would probably return in a certain way if the UK’s final consent with the United States, which is subject to further negotiations, equalizes the United States closely with China.

The British Industry groups say that they are pushing the government to immediately note what the proposed US dollar tariff cuts or supply chain requirements.

The British Pharma Industry Insiders say the final terms will depend on the outcome US investigation In April, it was announced in the consequences of national pharmaceutical import security.

“It is clear that the United States and the United Kingdom are defined for further negotiations in accordance with the conclusion of PHARMA Section 232,” said one.

The United Kingdom steel, industry lobby group highlighted the lack of clarity in the five-page text, including non-reduction of zero tariffs, as well as proposals that will be applied.

“Deal conditions highlight a number of hoops before the Great Britain steel section can see the benefits of this transaction,” said the Great Britain steel. “In order to fully appreciate the impact on our industry, we must fully understand the chain conditions of supply, which should be met, how will the quotas be set?”