Reeves seeks concessions for UK-US trade deal

UK Chancellor Rachel Reeves is engaged in critical negotiations in Washington to secure a trade deal with the US aimed at reversing tariffs recently imposed by President Trump, which have impacted UK exports and caused economic uncertainty. Reeves has emphasized the importance of both UK-US and UK-EU trade relations, stating that while the US deal is significant, rebuilding ties with the EU remains a top priority due to geographic and economic proximity. She has indicated a willingness to make concessions, such as reducing UK import tariffs on US cars and agricultural products, though the UK government has ruled out accepting US demands for chlorinated chicken and hormone-treated beef. Reeves has also echoed US concerns about global trade imbalances, aligning with American positions on tariffs against countries like China. Despite optimism about achieving a deal, UK officials remain cautious, acknowledging that even a successful agreement may not fully shield the UK economy from the broader effects of global trade tensions. The outcome of these talks is seen as pivotal for British jobs, businesses, and consumers, as well as for the UK's broader international trade strategy.