Sunak Leaves US With Some Deals, But Not the Big Trade Prize
- Biden approves AI agreement, closer economic cooperation
- Tory Party dangled free trade agreements as benefit of Brexit
US President Joe Biden, right, and Rishi Sunak, UK prime minister, during a meeting in the Oval Office of the White House on Thursday.
Photographer: Bonnie Cash/UPI/Bloomberg
UK Prime Minister Rishi Sunak leaves Washington after a two-day visit, armed with President Joe Biden’s backing for his efforts on artificial intelligence and agreements for closer economic cooperation to shore up green industries and supply chains.
The two leaders agreed to start work on an accord that could ultimately give British-based manufacturers access to the massive package of US subsidies and tax breaks enshrined in Biden’s signature Inflation Reduction Act. And the UK will be designated a “domestic source” for defense contractors, opening up US investment to British companies.