Overview

• Britain’s ambassador Peter Mandelson praised the president’s “iron-clad” appetite for political risk in a keynote speech at Ditchley Park.
• He argued Brexit has “freed” the U.K. to use regulatory autonomy to attract U.S. investment and pursue closer economic links.
• Mandelson cautioned that the U.K. cannot take the special relationship for granted and urged against complacency about future U.S. administrations.
• The remarks come ahead of the president’s planned state visit to the U.K. on September 17–19, according to reporting cited by The Hill.
• Trade frictions remain as U.K. officials seek relief from the 25% U.S. steel tariff despite a limited deal earlier this year that cut other levies.