UK PM Boris Johnson presses US Prez Joe Biden for new trade deal
British Prime Minister Boris Johnson made clear to President Joe Biden on Saturday that he's eager to forge a new U.S.-U.K. trade deal.
The push for a new deal came in a broad-ranging call between the two leaders that touched on the global response to the coronavirus pandemic as well as the Biden administration announcing this week that the U.S. would rejoin the Paris climate accord and the World Health Organization, according to a statement from Downing Street.
A new trade agreement between the allies is a higher priority for Johnson than it is for Biden. The U.K. regained control over its national trade policy at the start of the month following the end of a post-Brexit transition period.
White House press secretary Jen Psaki said Friday that the administration had no timeline for forging a new trade deal as Biden's attention is largely focused on getting the coronavirus pandemic under control and pressing Congress to pass the president's $1.9 trillion coronavirus relief plan.
Janet Yellen, Biden's Treasury secretary nominee, also signaled during her confirmation hearing earlier this week that Biden wasn't eager to negotiate new trade deals.
“President Biden has been clear that he will not sign any new free trade agreements before the U.S. makes major investments in American workers and our infrastructure,” Yellen said.
Downing Street said Saturday that Biden and Johnson discussed “the benefits of a potential free trade deal between our two countries," and Johnson “reiterated his intention to resolve existing trade issues as soon as possible."
The call with Johnson was at least Biden's third call with a foreign counterpart since Friday. The president spoke with Canadian Prime Minister Justin Trudeau and Mexican President Andrés Manuel López Obrador on Friday evening.
Enter your email to get our daily newsletter in your inbox
- FIMI said the restrictions had resulted in artificial oversupply of iron ore, leaving large quantities unsold and huge stockpiles in the mines.
- Indian Institute of Science in Bangalore retained its ranks for Materials Science (78th) and Chemistry (93rd).
- India’s vaccination campaign ramped up on Monday, with people above the age of 60, and individuals 45 or older suffering from certain medical conditions, now eligible for shots.
- The company, which relies heavily on digital advertising using user data, said it will not track individual-level data such as personally identifiable information (PII) graphs based on people’s email addresses.
- In comparison, PMI for the manufacturing sector had fallen marginally to 57.5 in February from 57.7 a month ago, data released on Monday showed.
- The Council is expected to meet this month, but a date is yet to be finalized, the first person said.
- Lawyers representing the consortium had earlier insisted that DGCA and the aviation ministry must follow the principle of historicity and grant slots to the revived Jet Airways.
- The Suzuki Motor Corp. unit has told its suppliers about its strategies, asking them to ramp up production, the people cited above said on condition of anonymity.
- The BSE Sensex gained 1,147.76 points or 2.28% to end at 51,444.65, while the Nifty surged 326.50 points or 2.19% to close at 15,245.60
- For those filing returns for FY20 in form ITR-1—people with income from salaries, one house property and farm income up to ₹5,000—the last date for filing was January 10, 2021.