New York media said on September 23 citing government sources that US and UK have agreed to strike a bilateral tre deal by July 2020. news comes after UK Prime Minister Boris Johnson arrived in New York to attend United Nations General Assembly meeting. two leers are expected to hold negotiations on tre deal on sidelines of event. But as US election cycle starts by 2020, two nations have political will to complete deal by n.

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When will deal be struck

Reports said that Boris was initially sceptical about Trump’s aim to have a deal tied up in just nine months time. Yet he was later me to agree to deal with regard to upcoming elections. Politicians in America will be distracted by campaign for White House as well as Congress by Autumn, and a new president may t share Trump’s enthusiasm for a deal.

Ar important point is that deal could be signed next summer, yet its implementation will have to wait until Brexit’s transition period finishes in December 2020. Johnson and Trump h reportedly planned on deal’s negotiation on Tuesday, but that has w been delayed until when Trump is next in London in December for NATO summit. deal will be biggest free tre agreement that US has ever me with ar country. US Vice President Mike Pence h said that Trump was willing to begin negotiating a free tre agreement with United Kingdom as soon as London was rey, earlier in September.

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deal creates hope for Britain post Brexit

deal will come as a major boost to Britain’s Brexit hopes. US wishes to see a major reduction in UK’s tariffs on steel imports, as well as a reduction or end to digital tax on tech giants. London, on or hand, wants access to giant American market for financial services. On Monday, Boris Johnson told media that he would tell US President Donald Trump that UK's state-funded health service would be off table in any future tre negotiations.

US will have to open its markets to British goods if it wants to make a deal, he ded. Johnson said he would draw his red lines for protectionist president when two leers meet this week at UNGA. Both of countries' officials have been holding talks for months. In his two-day visit to America, Johnson will hold key Brexit talks with Germany’s Angela Merkel, France’s Emmanuel Macron, Irish Taoiseach Leo Varkar, and EU Council President Donald Tusk.

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(With inputs from ANI)