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Has Britain Avoided the Worst—but Failed to Secure the Best in the U.S.-U.K. Trade Deal?

President Donald Trump made the kind of announcement the British government had been hoping for. “I’m thrilled to announce that we have reached a breakthrough trade deal with the United Kingdom,” he declared on early Thursday morning—an end, at least in part, to a transatlantic tariff standoff that had left key British industries on edge. […]

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