Reeves: There is a deal to be done with the US
Summary
Rachel Reeves, the Chancellor, said she knows why the US president is charging extra on goods (also known as tariffs). She believes they can make a deal because the UK neither owes the US money nor is owed money through trade. The talks will happen on Friday.Key Facts
- Rachel Reeves is the Chancellor.
- She indicated that she understands why the US president has extra charges on goods, also called tariffs.
- She is going to have a meeting with her American counterpart in Washington on Friday.
- She said there is room to make a deal with the US.
- The UK does not owe the US money nor is the UK owed money through trade from the US.
- This discussion about the extra charges on goods is happening because President Trump wants to fix global financial differences.
- Reeves seems confident about the future of the UK's trade relationship with the US.
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