❓WHAT HAPPENED: The United States has suspended the “Technology Prosperity Deal” with Britain, citing frustrations over trade negotiations with the Labour Party-led British government.
👤WHO WAS INVOLVED: President Donald J. Trump, Prime Minister Sir Keir Starmer, and officials from both governments.
📍WHEN & WHERE: The deal was struck during President Trump’s state visit to the United Kingdom earlier this year. The suspension was confirmed last week, according to officials.
💬KEY QUOTE: “Negotiations of this kind are never straightforward, and both parties obviously want what’s best for their countries.” – Prime Minister’s official spokesman.
🎯IMPACT: The suspension raises questions about the future of British-American tech cooperation and broader trade relations, as well as the Labour government’s handling of non-tariff barriers.
The U.S. has suspended the “Technology Prosperity Deal” with the United Kingdom, a move reportedly tied to frustrations over trade negotiations with the Labour Party-led government. The agreement, initially signed during President Donald J. Trump’s state visit to Britain earlier this year, was designed to boost cooperation on emerging technologies, including artificial intelligence (AI), quantum computing, and nuclear energy.
U.S. officials have expressed concerns over Britain’s reluctance to address non-tariff barriers, including regulations governing food and industrial goods. Despite these challenges, Downing Street insists that discussions remain active and productive.
“First of all, we remain in active conversations with U.S. counterparts at all levels of government, and we’re confident of securing a deal that will shape the future of millions on both sides of the Atlantic,” said Prime Minister Sir Keir Starmer’s official spokesman. He added, “Negotiations of this kind are never straightforward, and both parties obviously want what’s best for their countries.”
The memorandum of understanding on the deal, signed by Prime Minister Starmer and President Trump in September, outlined commitments to work together on technology and innovation. It also included significant investment pledges in the United Kingdom from major U.S. tech companies, including $29.5 billion (£22 billion) from Microsoft and $6.7 billion (£5 billion) from Google.
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