Chancellor Rachel Reeves has opened the door to a cut in tariffs on US cars exported to the UK as part of a trade deal with Donald Trump, but she insisted Britain would not dilute its food standards or car safety rules.
Speaking in Washington, Reeves told a conference that tariffs went “both ways” in the trading relationship and “I would like to see those tariffs and non-tariff barriers reduced.”
Earlier Reeves told reporters that a deal “can be done” with the US as she prepared to meet her US counterpart, Treasury secretary Scott Bessent, but insisted it would not be at any price.
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