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US halts technology trade talks with UK

The administration of US President Donald Trump reportedly suspended technology-related negotiations with the UK government after expressing frustration over a perceived lack of progress.

Financial Times (FT) reported the talks were halted last week by the US over the two countries’ “technology prosperity deal” announced in September when Trump made a state visit to the UK.

The news agency noted the deal is designed to increase cooperation between the two countries in areas such as AI, quantum computing and nuclear energy.

A UK official told FT on 15 December the Trump administration is lobbying the UK for concessions across areas which are not part of the technology partnership.

“Our special relationship with the US remains strong and the UK is firmly committed to ensuring the Tech Prosperity Deal delivers opportunity for hardworking people in both countries,” a UK government representative told CNBC.

Government officials countries began discussing terms for Trump’s tariffs in April before reaching an agreement a month later, according to FT.

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