1. Exquisite Tweets from @georgemagnus1

    PreoccupationsCollected by Preoccupations

    1. UK/US free trade agreement (fta) causing bit of a stir, so let's see where this goes. Lots of legal delays and notifications likely

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    George Magnus

    2. Speed though is for druggies. In trade it's irrelevant. Content and advantage is imp in negot'ns to minimise regulations

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    George Magnus

    3. America is going to be more protectionist as per Trump inauguration speech and WH website. Will want to cut UK trade surplus,no question

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    George Magnus

    4. US will want concessions in food as uk loses eu subs, pharma incl NHS, finance as City loses EU advantages, and won't want our cars i

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    George Magnus

    5. We will strike agreement prob but no ticket to sunny uplands in protectionist climate and as bilateral FTA deals globally falling fast

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    George Magnus

    6. Big wealthier countries much happier with regional deals than bilat. Reasons:geog/ supply chains/ multiple partner deal in complex issues

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    George Magnus

    7. US has NAFTA tho up for renegot'n. Plus 20 fta's. Only sig countries are Oz, Korea, Israel. China has RCEP + 14, incl Oz, Korea, Switz

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    George Magnus

    8. EU has 27 fta's incl Canada, Korea, Israel, turkey, but EU biggest FTA in world/biggest exporter.So UK leaving it bound to be disruptive

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    George Magnus

    9. Of course May see Trump and get agreement in principle to start FTA asap. But this is damage limitation, not swashbuckling advance

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    George Magnus

    10. Finally, just cos we might get a trump blessing for FTA doesn't say a thing about whether it'll be a good deal or how it cd compensate

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    George Magnus