British Prime Minister Boris Johnson and U.S. President Donald Trump might announce the conclusion of a trade agreement between the two countries by July 2020. British agency The Sun reported this, citing an informed source.
It has also emerged that the deal the two leaders are aiming for will be the biggest free trade agreement that the US has ever done with another country.
While the deal could be signed next summer, its implementation will have to wait until Brexit’s transition period finishes in December 2020.
But it will still come as a major boost to Britain’s Brexit hopes.
A senior Government source told The Sun: “The political will is there now on both sides to do the deal by July.
"It's a great win for us, and Trump is also really keen to shout about it in the States.
“There is also a recognition on both sides of the Atlantic that is must be done by then because the US election cycle starts soon afterwards.”
As it was reported earlier, Johnson's government announced Britain's withdrawal from the EU on October 31.