The world is anxiously focused on the havoc being wrought by higher interest rates and worries about the financial system. But here’s something that will help shape a more prosperous future: A free trade agreement between the U.S. and the United Kingdom (UK) is now a real possibility.
This segment of What’s Ahead explains why such a pact would mean richer economies for both countries. It could also achieve a cherished—and now desperately needed—goal of making it easier for our respective defense departments to work together to increase weapons production and develop new weapons systems.
A free trade deal would also set a powerful example for a world in danger of sinking into more economy-killing protectionism.