US UK Relationship to be Put to Test

January 26, 2017 Share Print 0

Appetite for a US trade deal with Britain appears as high in Washington as it is in London, according to interviews with politicians, with both governments anxious to demonstrate there is more to economic populism than simply a desire for protectionism.

But despite the political convergence indicated by Donald Trump’s election and the Brexit vote, Theresa May will discover the special relationship still has plenty of cracks and contradictions when she visits the White House on Friday.

No amount of goodwill can disguise the blunt message of Trump’s inauguration speech, in which he promised: “From this day forward, it’s going to be only America first.” Instead, a challenging set of issues is likely to remain on the agenda as Britain seeks to outline the shape of any future trade agreement.

via The Guardian

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Alfonso Esparza

Senior Currency Analyst at Market Pulse

Alfonso Esparza specializes in macro forex strategies for North American and major currency pairs. Upon joining OANDA in 2007, Alfonso Esparza established the MarketPulseFX blog and he has since written extensively about central banks and global economic and political trends. Alfonso has also worked as a professional currency
trader focused on North America and emerging markets. He has been published by The MarketWatch, Reuters, the Wall Street Journal and The Globe and Mail, and he also appears regularly as a guest commentator on networks including Bloomberg and BNN. He holds a finance degree from the Monterrey Institute of Technology and Higher Education (ITESM) and an MBA with a specialization on financial engineering and marketing from the University of Toronto.