It indicates that the White House has agreed with the statistical reasoning that the trade position of the United States and the United Kingdom is balanced.
In essence, each nation exports about the same quantity of goods to the others. In fact, it exports more, which is pretty advantageous based on US figures.
As the president has implied about many other nations and the EU, there is no general evidence that the UK is “ripping off” or “screwing” the US.
Therefore, a compromise to avert additional trade restrictions is extremely likely.
However, this is not the comprehensive free trade deal between the United States and the United Kingdom that aims to reduce nearly all current tariffs, which was the focus of much discussion throughout the Brexit process.
