The United States has reportedly put on hold a technology agreement with the United Kingdom, citing dissatisfaction with the progress of trade discussions.
Trade Concessions Stall Talks
The U.S.-UK “Technology Prosperity Deal,” announced in September, was intended to foster collaboration in areas such as artificial intelligence, quantum computing, and nuclear energy. However, the U.S. has now suspended the deal, expressing frustration over the pace of trade negotiations, as reported by the Financial Times.
British officials attributed the suspension to the Trump administration’s desire for UK concessions in non-tech trade areas. The U.S. has been pushing for the UK to address non-tariff barriers, including food and industrial goods regulations.
The White House and British government did not immediately respond to Benzinga‘s requests for comment.
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