When the UK left the EU, they gained economic freedom, but lost easy access to their largest trade partner. Trump offered to replace them. No need to follow the EU’s weird green policies, no need to take low cost workers from Poland, Bulgaria, etc. At the beginning of his term, Trump proposed a trade deal during a visit by British PM, Theresa May, the first of four attempts. It, and all others were rejected in a most-forceful and insulting way. Why. Perhaps, at first, May and the British elite worried about a predicted BREXIT crash that never came. May pushed to get back into the EU. If she succeeded, no trade deal would be needed.
Trump applied for a personal trade visit in July of 2017. Protests ensued with the mayor of London floating a blimp of Trump as a big baby. The British Parliament were divided on allowing the visit at all, with PM May making no strong case either way. The Queen was not sure she had time for tea (she had time for Obama). Trump cancelled the visit in June and tried to negotiate trade from DC, to no success. Britain made trade deals with Norway, Iceland, Israel, and Palestine, but not the US.
Over the next two years Trump made trade deals with Mexico, Canada, Japan, and Korea. He visited the UK in July, 2019. This time Theresa May was more welcoming as the economy was stalling and she was facing an election. Still, the mayor’s blimp was brought out, towed around England following Trumps travels. There was also an official statue of Trump on the toilet, tweeting, and making fart sounds while saying “witch hunt,” “no collusion*”, etc. The statue was placed in front of Trump’s hotel, and followed him like the balloon, preventable insults not done to any other world leader. No deal was signed. These items now sit on display in a UK museum, as art.
I suspect Trump’s trade offers to the UK were similar to those with other partners, like with Japan, and Japan seemed very happy with the deal. Biden offered to renegotiate, and Japan’s Abe said no, and proposed Trump for the Nobel Prize. So why the British antagonism? Even if they would say no, as India did in 2020, they could have said no politely, as India did to Trump and to the UKs trade deal too.
Perhaps PM May was swayed by the anti-Trump German press (see magazine covers). To UK conservatives, Germany was the leader of Europe (this status has diminished), but May was voted out, replaced by Boris Johnson who was pro-Trump. Johnson’s government also rejected Trump’s deal, acting as if they could recreate the British empire of Queen Victoria — a silly thought. He tried for deals with India, Turkey, and Saudi Arabia. All said no. Then COVID came and the UK economy stalled. Johnson was removed, replaced by Rishi Sunak. Still no deal. Then Biden replaced Trump, and Rishi Sunak, got no deal with Biden. Clearly personality clashes are not the problem.
The UK needs a substantial trade partner or two, it seems to me, soon. Partners with bigger economies than Norway. Britain is suited to be a hub of commerce, information, and banking, currently without any good spokes. The US is the obvious partner. If personality clashes were the problem, there would have been a deal, perhaps between Rishi Sunak and Joe Biden. I suspect that a lot of it is national ego now, even though, since leaving the EU, the UK is doing better than Germany, UK leaders don’t like feeling second best to Brazil and India, recalling better times, perhaps before 1776.
Maybe it’s Biden’s fault that there’s been no deal, but I doubt it. Last week, British Foreign secretary, David Cameron, came to visit Trump at Mar a Lago for a good feelings chat and to start on a trade deal should Trump become president. It’s not clear that Trump will become president, and while it’s nice that there are hopes for a deal, and a need for a deal, I have to think they are not quite ready. If they were, we would not have to wait for a Trump presidency.
Robert Buxbaum, April 18, 2024 *”Russian collusion” was a big deal at the time. A dossier was supposed show that Trump was a Russian agent. It turned out the dossier was created by Democrats and the FBI director. They were trying to save America, they say.





