U.S. suspends $40 billion technology deal with Britain…… NY Times
Washington pushes for concessions from London on the broader trade relationship
The US-UK “technology prosperity deal”, which was announced in September, aims to spur co-operation between the two countries in areas including artificial intelligence, quantum computing and nuclear energy.
British officials on Monday confirmed the US suspended the deal last week, with one saying the Trump administration was pushing for UK concessions in areas of trade outside the tech partnership. People familiar with those talks said US officials were becoming increasingly frustrated with the UK’s lack of willingness to address so-called non-tariff barriers, including rules and regulations governing food and industrial goods.