‘Desperate’ UK has ‘no leverage’ for US trade deal

Bill Clinton's trade secretary says ‘you make more concessions with a wealthy man’

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(Image credit: (Chip Somodevilla/Getty Images))

The UK is too desperate to secure a trade deal with the US, according to Bill Clinton's treasury secretary.

As Dominic Raab, the new foreign secretary, heads to the US to explore the potential for an agreement, Larry Summers said the UK was in a weak position when it came to negotiating with trade partners.

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