{"id":2510,"date":"2018-07-12T13:34:00","date_gmt":"2018-07-12T12:34:00","guid":{"rendered":"http:\/\/blogs.sussex.ac.uk\/uktpo\/?p=2510"},"modified":"2018-07-12T13:36:20","modified_gmt":"2018-07-12T12:36:20","slug":"regulatory-barriers-likely-to-be-contentious-and-most-significant-obstacles-to-uk-us-trade","status":"publish","type":"post","link":"https:\/\/blogs.sussex.ac.uk\/uktpo\/2018\/07\/12\/regulatory-barriers-likely-to-be-contentious-and-most-significant-obstacles-to-uk-us-trade\/","title":{"rendered":"Regulatory barriers likely to be contentious and most significant obstacles to UK-US trade"},"content":{"rendered":"<em>Share this article: <\/em> <a class=\"synved-social-button synved-social-button-share synved-social-size-32 synved-social-resolution-single synved-social-provider-facebook nolightbox\" data-provider=\"facebook\" target=\"_blank\" rel=\"nofollow\" title=\"Share on Facebook\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fblogs.sussex.ac.uk%2Fuktpo%2Fwp-json%2Fwp%2Fv2%2Fposts%2F2510&#038;t=Regulatory%20barriers%20likely%20to%20be%20contentious%20and%20most%20significant%20obstacles%20to%20UK-US%20trade&#038;s=100&#038;p&#091;url&#093;=https%3A%2F%2Fblogs.sussex.ac.uk%2Fuktpo%2Fwp-json%2Fwp%2Fv2%2Fposts%2F2510&#038;p&#091;images&#093;&#091;0&#093;=http%3A%2F%2Fblogs.sussex.ac.uk%2Fuktpo%2Ffiles%2F2017%2F06%2FCharlotte-Humma-e1499080827187.jpg&#038;p&#091;title&#093;=Regulatory%20barriers%20likely%20to%20be%20contentious%20and%20most%20significant%20obstacles%20to%20UK-US%20trade\" style=\"font-size: 0px; 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width:32px;height:32px; margin: 0; padding: 0; border: none; box-shadow: none;\" src=\"https:\/\/blogs.sussex.ac.uk\/uktpo\/wp-content\/plugins\/social-media-feather\/synved-social\/image\/social\/regular\/64x64\/linkedin.png\" \/><\/a><a class=\"synved-social-button synved-social-button-share synved-social-size-32 synved-social-resolution-single synved-social-provider-mail nolightbox\" data-provider=\"mail\" rel=\"nofollow\" title=\"Share by email\" href=\"mailto:?subject=Regulatory%20barriers%20likely%20to%20be%20contentious%20and%20most%20significant%20obstacles%20to%20UK-US%20trade&#038;body=UK%20Trade%20Policy%20Observatory%20blog:%20https%3A%2F%2Fblogs.sussex.ac.uk%2Fuktpo%2Fwp-json%2Fwp%2Fv2%2Fposts%2F2510\" style=\"font-size: 0px; width:32px;height:32px;margin:0;margin-bottom:5px;\"><img alt=\"mail\" title=\"Share by email\" class=\"synved-share-image synved-social-image synved-social-image-share\" width=\"32\" height=\"32\" style=\"display: inline; width:32px;height:32px; margin: 0; padding: 0; border: none; box-shadow: none;\" src=\"https:\/\/blogs.sussex.ac.uk\/uktpo\/wp-content\/plugins\/social-media-feather\/synved-social\/image\/social\/regular\/64x64\/mail.png\" \/><\/a><p><em><a href=\"http:\/\/blogs.sussex.ac.uk\/uktpo\/files\/2017\/01\/Rorden-Wilkinson-100w.jpg\"><img loading=\"lazy\" class=\"alignright size-full wp-image-512\" src=\"http:\/\/blogs.sussex.ac.uk\/uktpo\/files\/2017\/01\/Rorden-Wilkinson-100w.jpg\" alt=\"\" width=\"100\" height=\"127\" \/><\/a><a href=\"http:\/\/blogs.sussex.ac.uk\/uktpo\/files\/2017\/06\/Charlotte-Humma-e1499080827187.jpg\"><img loading=\"lazy\" class=\"alignright wp-image-994\" src=\"http:\/\/blogs.sussex.ac.uk\/uktpo\/files\/2017\/06\/Charlotte-Humma-e1499080827187.jpg\" alt=\"\" width=\"85\" height=\"127\" \/><\/a>12 July 2018<\/em><\/p>\n<p><em>Rorden Wilkinson is Professor of Global Political Economy and Deputy Pro-Vice-Chancellor at the University of Sussex and a Fellow of the UK Trade Policy Observatory.\u00a0Charlotte Humma is Research Communications Manager at the Business School and Business Manager at the Observatory.<\/em><\/p>\n<p>Standards and technical regulations are likely to be the most significant\u2014and potentially contentious\u2014obstacles to a UK-US trade deal according\u00a0to leading trade experts.<\/p>\n<p>Published today our\u00a0<a href=\"https:\/\/blogs.sussex.ac.uk\/uktpo\/publications\/the-future-of-us-uk-trade\">latest briefing paper<\/a>\u00a0states that the UK faces a challenge in whether it stays with EU regulation, moves towards the US approach or tries a pick-and-mix approach of its own.<!--more--><\/p>\n<p>The research, conducted in conjunction with trade experts from the Georgetown University\u2019s McDonough School of Business and Walsh School of Foreign Service, shows initial public support is likely to favour signing a trade deal. However, the US and UK trade experts state the UK government should not assume its public will be happy to admit more GMO foods, hormone-treated meat, and other products currently restricted or banned.<\/p>\n<p>The study, which explores the public support for, the benefits of, and the key obstacles to a transatlantic agreement might be, is entitled,\u00a0<a href=\"https:\/\/blogs.sussex.ac.uk\/uktpo\/publications\/the-future-of-us-uk-trade\"><strong>\u201c<em>The Future of US-UK Trade: What case for a bilateral trade agreement?<\/em>\u201d<\/strong><\/a><strong>. <\/strong>It comes ahead of the meeting between US President Donald Trump and UK Prime Minister Theresa May this Friday. Other key findings include:<\/p>\n<ul>\n<li>The extent of public support for a US-UK trade agreement, but also worries about existing trade agreements and concerns about the kind of regulatory framework that might be pursued.<\/li>\n<li>The need to deal with the barriers to trade in services to realise clear economic benefits.<\/li>\n<li>The extent of the challenges posed by standards and technical regulations. The UK\u2019s post-Brexit regulatory regime risks being pulled in different directions by the EU and the US. A solution will depend on the UK\u2019s capacity to navigate the demands of its two major trading partners.<\/li>\n<li>A need to settle the UK\u2019s position in the multilateral trading system before meaningful and substantive negotiations with the US can commence.<\/li>\n<\/ul>\n<p><strong>Rorden Wilkinson, Professor of Global Political Economy and Deputy Pro-Vice-Chancellor at the University of Sussex added:<\/strong>\u00a0\u201c<em>In the short term, the UK\u2019s capacity to negotiate a mutually beneficial trade deal with the US is likely to be limited. Given the regulatory obstacles ahead and the likely impact they may have on public support, this might not be a bad thing.\u00a0 The best the two governments can probably hope for is a limited<\/em><em> agreement underlining their desire to work together<\/em><em>.\u201d<\/em><\/p>\n<p><strong>Marc Busch, Karl F. Landegger Professor of International Business Diplomacy at Georgetown University, commented<\/strong>: \u201c<em>Amidst the tensions over Trump&#8217;s Section 232 and Section 301 tariffs, and the increasingly complex questions about Brexit, lies the promise of a US-UK free trade deal,\u201d said Busch. \u201cOur group of scholars sees the challenges that lie ahead, yet recognises the opportunity as an important one, not just for Washington and London, but for the transatlantic trade relationship more generally<\/em>.\u201d<\/p>\n<p>The research for this briefing paper was conducted by Fellows of the UK Trade Policy Observatory at the University of Sussex\u00a0conducted in conjunction with trade experts from the Georgetown University\u2019s McDonough School of Business and Walsh School of Foreign Service:\u00a0 Marc Busch, Karl F. Landegger Professor of International Business Diplomacy; J. Bradford Jensen, McCrane\/Shaker Chair in International Business; Rodney D. Ludema, Professor of Economics; Anna Maria Mayda Associate Professor of Economics; Pietra Rivoli, Vice Dean and Professor; and Stephen Weymouth, Assistant Professor \u2013 Georgetown University. Michael Gasiorek, Senior Lecturer in Economics; Peter Holmes, Reader in Economics; Emily Lydgate, Lecturer in Law; Jim Rollo, Emeritus Professor of European Economics; Rorden Wilkinson, Professor of Global Political Economy and Deputy Pro-Vice-Chancellor; and L. Alan Winters, Professor of Economics and Director of the UK Trade Policy Observatory \u2013 University of Sussex.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Share this article: 12 July 2018 Rorden Wilkinson is Professor of Global Political Economy and Deputy Pro-Vice-Chancellor at the University of Sussex and a Fellow of the UK Trade Policy Observatory.\u00a0Charlotte Humma is Research Communications Manager at the Business School and Business Manager at the Observatory. Standards and technical regulations are likely to be the most significant\u2014and potentially contentious\u2014obstacles to a UK-US trade deal according\u00a0to leading trade experts. Published today our\u00a0latest briefing paper\u00a0states that the UK faces a challenge in whether it stays with EU regulation, moves towards the US approach or tries a pick-and-mix approach of its own.<\/p>\n","protected":false},"author":213,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[129970],"tags":[147861,37253,123536,123581,147905,96980],"_links":{"self":[{"href":"https:\/\/blogs.sussex.ac.uk\/uktpo\/wp-json\/wp\/v2\/posts\/2510"}],"collection":[{"href":"https:\/\/blogs.sussex.ac.uk\/uktpo\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blogs.sussex.ac.uk\/uktpo\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blogs.sussex.ac.uk\/uktpo\/wp-json\/wp\/v2\/users\/213"}],"replies":[{"embeddable":true,"href":"https:\/\/blogs.sussex.ac.uk\/uktpo\/wp-json\/wp\/v2\/comments?post=2510"}],"version-history":[{"count":4,"href":"https:\/\/blogs.sussex.ac.uk\/uktpo\/wp-json\/wp\/v2\/posts\/2510\/revisions"}],"predecessor-version":[{"id":2512,"href":"https:\/\/blogs.sussex.ac.uk\/uktpo\/wp-json\/wp\/v2\/posts\/2510\/revisions\/2512"}],"wp:attachment":[{"href":"https:\/\/blogs.sussex.ac.uk\/uktpo\/wp-json\/wp\/v2\/media?parent=2510"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blogs.sussex.ac.uk\/uktpo\/wp-json\/wp\/v2\/categories?post=2510"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blogs.sussex.ac.uk\/uktpo\/wp-json\/wp\/v2\/tags?post=2510"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}