Key Points:
Britain is set to ink a new trade agreement with Texas this week, as revealed by Trending In The News on Sunday. Kemi Badenoch will sign the cooperation statement with the booming southern state, known for cowboys, rodeos, and Beyonce.
Texas boasts the eighth largest economy globally, surpassing Canada, Russia, and Australia with a staggering £2.3 trillion. The deal aims to facilitate business between UK and Texan companies in energy, life sciences, and professional services.
State-level Deals Amid US Stance:
US President Joe Biden's reluctance for a comprehensive US-UK trade deal has led to individual agreements with American states. A government official highlighted the significance of the Texas deal, following a similar pact with Florida last year.
Despite the federal stance, states like Texas are eager to enhance economic ties with the UK, showcasing a promising outlook for transatlantic trade relations.
Did you miss our previous article...
https://trendinginthenews.com/uk-politics/tory-mp-proposes-plan-to-ban-cruel-puppy-smuggling
