UK Trade Deal Negotiations with the US Heat Up
Rachel Reeves, the UK Chancellor, is set to lead negotiations in Washington aiming for a trade deal with the United States. Amid discussions on tariffs, Reeves has expressed her willingness to consider cutting car and agricultural tariffs to reach an agreement. While both sides show interest, with the US aiming to reduce automotive tariffs significantly, Reeves has emphasized that the UK will not rush into a deal. She believes that a path exists for tariff-free trade with the US but insists on maintaining British standards, explicitly ruling out certain products like chlorinated chicken. The political landscape remains dynamic, as the White House reportedly anticipates potential trade agreements with the UK within weeks, amid contrasting views on whether such a deal could truly benefit the UK economy.
BBC, The New York Times, The Guardian, The Hill, WSJ, The Times, Bloomberg.com, Reuters, Financial Times, politico.eu