14 November 2022 | Other

Trade minister of U.K. plans a visit to Washington for talks on free trade deal

Kemi Badenoch, trade minister of the United Kingdom, is going to pay a working visit to Washington next Monday for a meeting with politicians and appealing to business sphere. The visit’s main goal is to strengthen the ties with the U.S. after stalled talks over a free trade deal.

The mentioned deal with the U.S. was promoted as one of the most prominent benefits for the country to get after Brexit. However, the expectations of reaching an agreement quickly did not come true with the start of Biden administration freezing all talks on the subject.

As it was stated by Badenoch's representatives, a necessity of creating a robust trading partnership will be emphasized during the meeting. It’s also planned to discuss several important topics, namely protecting long-term energy security and strengthening supply chains.

As there is no agreement reached on a broader trade deal, British officials have put their effort into securing memorandums of understanding with several states.

Over the current year, the mentioned agreements of understanding were signed with Indiana and North Carolina, and at the moment the country is also in talks with such states as Oklahoma, South Carolina, Texas and Washington.

Company MarketCheese
Period: 29.10.2026 Expectation: 800 pips
Sell GBPUSD down to 1.3180
Yesterday at 12:02 PM 25
Period: 05.11.2026 Expectation: 300 pips
Buy Brent crude with $103 in sight
Yesterday at 12:02 PM 14
Gold sell
Period: 22.10.2026 Expectation: 180 pips
Gold sell-off targets $3,940
Yesterday at 11:16 AM 22
Period: 08.11.2026 Expectation: 6200 pips
Go short on USDJPY with 152.00 in view
Yesterday at 09:44 AM 32
Period: 29.10.2026 Expectation: 600 pips
EURUSD sell-off targets 1.1167
Yesterday at 05:56 AM 27
Period: 07.11.2026 Expectation: 6750 pips
Selling USDCAD down to 1.35500
07 October 2026 32
Go to forecasts