British Chancellor Rachel Reeves said their relationship with the EU is much more important than the US. Reeves also noted that the United Kingdom is more focused on trade in trade issues.
In conversation With the BBC, Rachel Reeves suggested that moving closer to the EU is a greater priority, despite its current focus on the US. He said the UK government gave everything to the Trump administration to reduce trade transactions.
Earlier this week, Reeves suggested that the United Kingdom could reduce car import tariffs from 10% to 2.5%. Reeves said that reducing tariffs by 8.5 percentage points is part of the larger trade agreement.
Reeves says the United Kingdom focuses on resetting trade links with the EU
British Secretary General Rachel Reeves said that national trading relations with Europe are more important than the United States. Reeves announced the focus of Britain about its bilateral trade dispute with the US to the upcoming summit with Europe. The Chancellor noted that he has worked for the EU on ambitious trade ties.
Sewage Suggested to create a young travel scheme to facilitate free movement. He also discussed the UK to the Brussels rules to minimize trade barriers. The Chancellor claimed that he understood why the focus was on the United States in the United States.
He suggested that the UK trade links with the EU are undoubtedly more important. Reeves noted that it is important for the United Kingdom to reset its relationship with its closest neighbors in the EU. The Chancellor said he had already met ministers of Germany, Sweden, Finland, France and Spain.
The Chancellor announced that they would restore trade relations with the EU in a way that is good for British consumers and jobs. UK Prime Minister Sir Keir Starmer has stated that he does not choose between the US and the EU. Starmer added that it focuses on the harmonization of the two main global trade links in the country.
Britain hopes to enter into a trade agreement with the US
The British Prime Minister said the EU is their largest trading partner. However, he noted that the EU and the United States are of great importance for the United Kingdom. The Prime Minister announced that the United Kingdom treats both El And with enormous respect for the US. According to the government, the United States accounted for 21.2 % of British exports in 2023, which corresponded to EU 41.2 %.
Reeves announced on Friday that he would discuss trade issues with his US colleague Scott Besset in Washington. He noted that the United Kingdom is forcing to reach an agreement with the US. Reeves has also signaled that Britain can reduce its tariffs for US car imports. He noted that moving towards lower tariffs was a broader part of the US President Donald Trump in reducing the agreement.
The Chancellor said he wanted to see tariffs and the tariffs would be minimized between the US and the United Kingdom. Reeves revealed that the United Kingdom is trying to reduce the payment established by the Trump administration for 25% for cars, aluminum and steel and 10% of the export of other UK. He suggested that Britain could reduce its car imports from 10% to 2.5%. The Chancellor said he was open to the right of the Trump government.
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