Wednesday, 11 Jun 2025
  • Contact
  • Privacy Policy
  • Terms & Conditions
  • DMCA
logo logo
  • World
  • Politics
  • Crime
  • Economy
  • Tech & Science
  • Sports
  • Entertainment
  • More
    • Education
    • Celebrities
    • Culture and Arts
    • Environment
    • Health and Wellness
    • Lifestyle
  • 🔥
  • Trump
  • House
  • VIDEO
  • White
  • ScienceAlert
  • Trumps
  • Watch
  • man
  • Health
  • Colossal
Font ResizerAa
American FocusAmerican Focus
Search
  • World
  • Politics
  • Crime
  • Economy
  • Tech & Science
  • Sports
  • Entertainment
  • More
    • Education
    • Celebrities
    • Culture and Arts
    • Environment
    • Health and Wellness
    • Lifestyle
Follow US
© 2024 americanfocus.online – All Rights Reserved.
American Focus > Blog > Economy > Reeves and Bessent can see ‘landing zone’ for a UK-US trade deal, say British officials
Economy

Reeves and Bessent can see ‘landing zone’ for a UK-US trade deal, say British officials

Last updated: April 25, 2025 1:10 pm
Share
Reeves and Bessent can see ‘landing zone’ for a UK-US trade deal, say British officials
SHARE

Unlock the White House Watch newsletter for free

Your guide to what Trump’s second term means for Washington, business, and the world

UK chancellor Rachel Reeves recently engaged in discussions with US Treasury Secretary Scott Bessent, marking her first formal talks with her American counterpart. British officials revealed that both finance ministers found a “landing zone” for a potential bilateral trade deal during their meeting.

Reeves has indicated a willingness for Britain to lower tariffs on imports of US-made cars, agricultural products, and seafood in exchange for the Trump administration reducing levies on UK exports. Bessent, viewed as a moderate figure on tariffs within the Starmer government, acknowledges that final trade decisions rest with the Oval Office. Currently, the US has imposed a 10% baseline tariff on UK exports and a 25% levy on cars and steel.

Sources within UK officials reported that the conversation between Reeves and Bessent was productive, although a trade deal has not been finalized yet. The discussions have intensified, indicating progress towards a potential agreement.

While in Washington for the World Bank and IMF spring meetings, Reeves has been commended by global financial leaders for her dedication to free trade and supply-side reforms. IMF Managing Director Kristalina Georgieva praised Reeves for her efforts in reshaping spending priorities and regulatory frameworks.

Despite international acclaim, Reeves faces dwindling approval ratings at home, with a recent YouGov survey revealing that only 14% of respondents hold a positive view of the chancellor. In contrast, 62% expressed a negative opinion, resulting in a record-low approval rating of -48.

In an attempt to strengthen ties with the Trump administration, Reeves acknowledged some of the US’s concerns regarding global trade imbalances. At an event hosted by Britain’s ambassador to the US, Lord Peter Mandelson, Reeves highlighted the challenges posed by China’s economic rise and the need for transparent trade policies.

See also  Donald Trump says China’s Xi Jinping to visit US in ‘not too distant future’

While recognizing the validity of US concerns, Reeves reaffirmed the UK’s commitment to multilateral dialogue and institutions, advocating against the use of tariffs and trade wars. By addressing these issues collaboratively, both countries aim to foster a mutually beneficial trade relationship.

Overall, the discussions between Reeves and Bessent signify a step towards resolving trade disputes and establishing a framework for future cooperation. As negotiations continue, the prospects for a bilateral trade deal between the UK and US appear promising.

TAGGED:BessentBritishdealLandingofficialsReevesTradeUKUSzone
Share This Article
Twitter Email Copy Link Print
Previous Article Chatbots can hide secret messages in seemingly normal conversations Chatbots can hide secret messages in seemingly normal conversations
Next Article Clearing the Air on Tariffs and Trade Deficits Clearing the Air on Tariffs and Trade Deficits
Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Popular Posts

Dolly Parton Reveals Why She Was ‘Flattered’ by Sheep Clone Namesake

Dolly Parton's Flattered by Sheep Clone Named After Her Dolly Parton recently revealed why she…

November 1, 2024

The Largest Tax Cut in History for Working and Middle-Class Americans – The White House

Interestingly, even some Democrats concede that the tax reforms outlined in the One Big Beautiful…

June 10, 2025

Emotional Kelsey Plum launches no-holds-barred tirade after growing ‘sick’ of officials

Kelsey Plum of the LA Sparks found herself frustrated with the officiating in a recent…

June 9, 2025

Teen shot by 14-year-old classmate at Nebraska high school, suspect arrested: police

A tragic incident unfolded at Omaha Northwest High School in Nebraska on Tuesday when a…

September 10, 2024

Wild Chimps Caught on Camera Sharing Alcoholic Fruit : ScienceAlert

Chimpanzees in Africa Caught on Camera Enjoying Alcoholic Fruit Remote cameras in Africa have captured…

April 27, 2025

You Might Also Like

US inflation rose less than expected to 2.4% in May
Economy

US inflation rose less than expected to 2.4% in May

June 11, 2025
Inflation pressures ease on a monthly basis as tariff uncertainty lingers
Economy

Inflation pressures ease on a monthly basis as tariff uncertainty lingers

June 11, 2025
Tesla drivers in France sue over Elon Musk’s political antics
Economy

Tesla drivers in France sue over Elon Musk’s political antics

June 11, 2025
Toyota Industries’ bn deal faces shareholder criticism
Economy

Toyota Industries’ $33bn deal faces shareholder criticism

June 11, 2025
logo logo
Facebook Twitter Youtube

About US


Explore global affairs, political insights, and linguistic origins. Stay informed with our comprehensive coverage of world news, politics, and Lifestyle.

Top Categories
  • Crime
  • Environment
  • Sports
  • Tech and Science
Usefull Links
  • Contact
  • Privacy Policy
  • Terms & Conditions
  • DMCA

© 2024 americanfocus.online –  All Rights Reserved.

Welcome Back!

Sign in to your account

Lost your password?