U.S. Trade Representative Robert Lighthizer and United Kingdom International Trade Secretary Liz Truss began meeting in May via video conference to formally begin trade talks between the two nations.
“Both parties agree that a Free Trade Agreement (FTA) would contribute to the long-term health of our economies, which is vitally important as we recover from the challenges posed by COVID-19. An FTA is a priority for both countries and we share a commitment to secure an ambitious agreement that significantly boosts trade and investment. We will undertake negotiations at an accelerated pace and have committed the resources necessary to progress at a fast pace,” according to a joint statement..
The first round of trade negotiations continued through May 15. In October 2018, the Trump administration announced its intention to negotiate a trade agreement with the U.K.