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2025-12-16 08:06:00
[US Suspends "Technology Prosperity Agreement" Reached in September] 1. The US has suspended the "Technology Prosperity Agreement" reached in September with the UK due to dissatisfaction with the progress of trade negotiations. The agreement, signed during President Trump's visit, aims to promote cooperation between the two countries in areas such as artificial intelligence, quantum computing, and nuclear energy. British officials confirmed on Monday that the US suspended the agreement last week, stating that the Trump administration is attempting to pressure the UK in broader trade areas in exchange for technological cooperation. 2. US-UK trade negotiations have been ongoing since the two sides reached an agreement in May to reduce some of the tariffs imposed by the Trump administration on British goods. Sources familiar with the matter revealed that US officials are increasingly disappointed with the UK's slow progress in addressing so-called non-tariff barriers, including regulations and standards governing food and industrial products. The suspension of the technology agreement is seen as a signal that the US is further pressuring the UK to make more concessions on trade issues.
