The UK chancellor says she “understands what President [Donald] Trump wants to address” with his tariffs, ahead of talks with her US counterpart in Washington on Friday.
Rachel Reeves said there were similarities with the way both the US and UK governments had come to power off the back of voter frustration with the economy.
Speaking to BBC Economics Editor Faisal Islam ahead of her meeting with US Treasury Secretary Scott Bessant on Friday, Reeves said the government was working “flat out” to secure a trade deal with the US.
Earlier this week, she signaled the UK could lower tariffs on US car imports from their current 10% to 2.5% as part of a wider deal.
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