Rishi Sunak and Joe Biden seal landmark deal on UK-US cooperation
Rishi Sunak and Joe Biden have unveiled a landmark deal for transatlantic cooperation that moves the UK firmly into the US administrations economic orbit and marks a revival in ties after the turbulence of Brexit.
While the so-called Atlantic declaration unveiled by the two leaders at the end of Sunaks visit to the US capital is little more than a series of economic mini-deals, its symbolism is significant, signalling a major shift away from the recent UK mantra of unfettered free trade in favour of mutual protectionism.
The deal, which will give British green energy and defence companies access to US markets, will allow British businesses to take advantage of US subsidies as the UK moves away from complaining about Washingtons economic policies to trying to take advantage of them.
After a visit in which Sunak was feted with full diplomatic pomp, it also shows an inclination for Biden and his team to work more closely with an ally whose stock had fallen under Boris Johnson and Liz Truss.