U.K. trade negotiator seeking E.U. deal like Canada's and targets September for a deal

The lead U.K. trade negotiator, David Frost, on Thursday tweeted out that the country is seeking a trade deal like that between the European Union and Canada as he targeted September for a deal. "Our assessment is that agreement can be reached in September and we will work to achieve this if we can," he said. "We want a deal with, at its core, an FTA like those the EU has agreed with other friendly countries, like Canada." Frost will head to Brussels for talks next week. The British pound traded over $1.31.

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