US Suspends $40B Tech Deal with UK Amid Trade Talks
The United States has suspended implementation of a major technology agreement with the United Kingdom, announced during President Donald Trump's state visit to London in September, amid ongoing trade negotiations. The Tech Prosperity Deal, valued at approximately $40 billion and focused on collaboration in artificial intelligence, quantum computing and civil nuclear energy, was halted last week, according to officials from both governments.
The agreement, initially hailed as a milestone in transatlantic technological leadership, included pledges from American companies such as Microsoft, Google, Nvidia and OpenAI to invest tens of billions of dollars in British infrastructure and research initiatives. These commitments were intended to position the UK as a global hub for emerging technologies, including an AI growth zone in the northeast expected to create up to 5,000 jobs. British officials have indicated that the investment plans remain unaffected by the suspension, though progress on joint projects has stalled.
The pause stems from frustrations in Washington over several UK regulations that the US views as barriers to trade. Key points of contention include Britain's...