Red herring or Straw Scarecrow?

Does the UK have a trade agreement with the US? It would seem that the EU does not have one yet. I'm presuming that the UK does not have one either.

Does the UK trade with the US? You bet it does. Millions, if not billions, of trade both ways every year.

A trade deal could change this, or parts of this, but if we are at the back of the queue and waiting ten years to move up, presumably that means ten years of uninterrupted trade.

What's all the fuss about?