Last week, Donald Trump and Liu He, the Chinese vice-premier, signed phase one of a new trade arrangement between the US and China. Nonetheless, as Britain prepares to leave the EU, there has been a resurgence of interest in the possibility of a major UK trade deal with Beijing. Now that Brexit will happen within days, what are the chances of a trade deal with Beijing? Photograph: Chris McGrath/Getty ImagesAt the moment, the government seems to be concentrating on a trade deal with the US, with its potential effects on NHS drug pricing or chlorinated chicken. The new US-Canada-Mexico trade agreement has a “poison pill” clause, which would allow the US to pull out if either of the other two countries signs a trade agreement with a “non-market” economy such as China.

Source: The Guardian January 19, 2020 14:44 UTC