UK formally announces intent to negotiate a trade deal with the U.S.

British Trade Secretary Liam Fox on Wednesday said the United Kingdom would seek to launch bilateral negotiations for free trade agreements with the United States and others, and would also consider acceding to the Comprehensive and Progressive Agreement for Trans-Pacific Partnership. The British cannot begin to negotiate free trade agreements until it leaves the European Union, which is expected to happen in March 2019. The U.S. and UK in July 2017 launched a working group in part to lay the...