US Treasury chief says trade deal possible with UK in a year

U.S. Treasury Secretary Steven Mnuchin suggested Saturday that Britain and America would be able to conclude a trade deal this year, despite lingering disagreements on a digital services tax and whether to allow Chinese tech giant Huawei to build aspects of a new high-speed mobile network.

The United States is pushing Britain and other allies to ban Huawei from making parts of its 5G network, claiming it would be a security risk — something Huawei vehemently denies.

Britain’s National Security Council is widely expected to make its decision on Huawei next week.

Britain has said it will go ahead with the tax later this year.

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Article source: https://www.dailystar.com.lb//Business/International/2020/Jan-25/499945-us-treasury-chief-says-trade-deal-possible-with-uk-in-a-year.ashx