UK insists US tech deal not dead as Trump threatens penalties against European firms
The UK government insists that the $40 billion Tech Prosperity Deal between the US and UK is not permanently stalled, despite the US accusing the UK of failing to lower trade barriers, including a digital services tax on US tech companies and food safety rules. Keir Starmer's office claims the UK remains in "active conversations with US counterparts at all levels of government" about the wide-ranging deal for the technology industries in both countries to cooperate. The agreement, previously billed as historic, was paused after the US threatened to impose penalties on European firms. The UK government maintains that the deal is still being negotiated and has not been permanently abandoned.
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