UK wants US trade concessions to boost economy using Inflation Reduction Act

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UK wants US trade concessions to boost economy using Inflation Reduction Act
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U.K. Prime Minister Rishi Sunak is reportedly set to appeal to strong U.S. and U.K. military ties in his meeting with President Biden in hopes of stronger economic ties.

has sought deals with at least 20 states in the absence of an agreement with Washington. However, Sunak is likely to push the U.S. in that direction during his meeting with Biden.

While no agreement is expected to come out of the meeting, the U.K. is reportedly hoping that their continued unwavering support of theThe U.K. was the first American ally to provide Ukraine with tanks and long-range missiles, leading a charge that has been followed by the U.S. and European allies that had seemingly been fractured during tense Brexit negotiations.

British Prime Minister Rishi Sunak speaks during an interview before departing the European Political Community Summit.Sunak will likely look to capitalize on that goodwill, saying in the statement that an economic alliance between the U.S. and U.K. would combat other powers that are"manipulating global markets, withholding crucial resources and trying to establish a stranglehold over the industries that will define our future.

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