Reeves Prioritizes EU Trade Relations Over US Amid Washington Talks

UK Chancellor Rachel Reeves has emphasized that while securing a trade deal with the United States and seeking exemption from newly imposed U.S. tariffs remains important, the UK's trading relationship with the European Union is 'arguably even more important.' Reeves highlighted that the EU is the UK's largest trading partner and has prioritized rebuilding ties with European neighbors, even as she prepares for negotiations with U.S. Treasury Secretary Scott Bessent to address tariffs introduced by President Donald Trump. Reeves described the U.S. tariffs on British goods as 'unnecessary and unjustified,' but rejected calls for retaliation, focusing instead on diplomatic solutions. The UK government, under Prime Minister Keir Starmer, maintains it does not have to choose between closer links with the US or Europe, though Reeves’s remarks and recent diplomatic activity suggest a tilt towards prioritizing EU relations. These efforts come amid a broader context of rising global protectionism and economic uncertainty. Reeves has also engaged with finance ministers from other major economies to strengthen the UK's global trade position.