The possible trade deal between the US and the UK

The UK Parliament today has passed the Article 50 case, that it allows May to trigger Article 50 by the end of March and her schedule is not going to be delayed. Apparently the MPs do not want to seen as "the enemies of the people". May has been very confident about her plan to make a trade deal with the US, based on the "special relationship"with the US and she has also promised that NHS will not be part of the trade deal, especially given the cost of the UK government expenditure on the NHS is extremely high and the US health care is much more expensive than that in the UK.

The UK and the US have some similarities in their economies that build the base for the two countries' cooperation and trade partnership. The two countries have the common language and a similar law system that this could make the business activities and cooperation easier and smoother.  In addition, the two countries have very complete financial markets and have been the two financial centres in the world. This could build a bridge between the countries' financial companies, this will be welcomed by many financial institutions. In addition, as Britain is expected to leave the EU in the future, it is urgent for Britain to find a new major trade partner. Britain has been trying to build a good trade relationship with China, and has achieved some success. However, the EU has been the largest trade partner of the UK for decade and it is inevitable that the trading volume will fall significantly after the UK officially leaves the EU; therefore, the UK has to find another trade partner which can take over the missing position of the EU and the US becomes the best option. However, to the US, the UK is not a bad option as its trade partner. Firstly, the goods exports of the UK are not very competitive compared with the US or Germany. Having the UK as the American trade partner is not going to lower the American exports and have the UK as a transfer station to have access to the European market.

Overall, the trade deal between the US and the UK is very likely to be successfully achieved and is going to be mutually beneficial to the both countries.