A professor of economics at the University of Sussex said that the Government is not able to capitalise on post-Brexit trade opportunities, such as a trade deal with the United States. Professor Michael Gasiorek, a specialist in international trade, said that the UK hasn't done any favors on the international stage since Brexit.
Prof Gasiorek said that we are a smaller player on the world stage than we were before. That does not mean that countries don't want to do deals with the UK, but it does mean that the UK has a less influence on the economic environment. I don't think the current government has done any favours on the international stage in terms of how it behaves. Speaking about the issues in Northern Ireland he said: They do need to be resolved, and the UK is fairly inflexible in the way it wants to resolve those issues.
That is not playing well on the international stage, in particular with the United States. Prof Gasiorek said that Johnson Government and Liz Truss had been touting a US-UK free trade agreement as a top priority in the early stages before Biden came into power. That's shifted very low down the agenda, not on the UK side, but because America has made it clear that they're not interested at this point. Liz Truss has played a pivotal role in the UK's trade deal negotiations as a Foreign Secretary and previously Secretary of State for International Trade. READ MORE: Boris warned trade deals OFF as Tory credibility in pieces was damaged by trade deals OFF.
After his resignation from his role as a Brexit minister last week, she has been thrust into negotiations with the EU after taking over Lord Frost's responsibilities. After the UK left the EU, the Northern Ireland Protocol was agreed as part of the withdrawal agreement to avoid a hard border in Ireland. A border was created between Great Britain and Northern Ireland down the Irish Sea because Northern Ireland remained within the EU's single market for goods. The Protocol has been under fire because of border checks on goods moving between Great Britain and Northern Ireland, which have resulted in delays and supermarket shortages. Boris Johnson's chances of being replaced next year EXPLODE INSIGHT warned trade deals OFF as Tory credibility in pieces REVEAL But even though the likelihood of a trade deal with the United States is unlikely, in his opinion he believes that the UK should still be striving for cooperation. He said there is no immediate prospect of a free trade deal with America in the next few years. America is focused on other things, and that's why. That doesn't mean we shouldn't cooperate with America, for example on the issue of steel tariffs or for example with regard to climate exchange.