UK's flagship post-Brexit trade deal worth even less than previously thought, OBR says

Press quote (The Observer)
26 November 2023

Charles Grant, director of the Centre for European Reform, said there was almost no prospect of a trade deal with the US. “There is no chance of one at the moment because Joe Biden does not like trade deals. And there is no chance of one if Trump were to return to the White House because he likes them even less than Biden.

“In any case, a trade deal will become technically impossible under a Labour government which is committed to recognising EU standards on plant and animal health. That will make it impossible for the UK to accept US products that do not comply with EU standards.”