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UK trade talks with US a 'waste of time' - Joseph Stiglitz

Nobel Prize-winning economist Joseph Stiglitz told the BBC that it would be a "waste of time" for the UK to try to negotiate a trade deal with the US.

Key quotes (source BBC)

He thought Mr. Trump would "talk about making a deal", but wonders if it would have "much support in Congress".

What Trump has done is thrown a hand grenade into international trade relationships, said... he's going to renegotiate even WTO and he's put a block in the reappointment of the judges in the WTO.

Given the hurdles that the UK has in negotiating with the EU... I think it would be just a waste of time for you to use your scarce resources to try to have a trade deal with the United States

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