UK Pushes for Tariff-Free Trade with Trump Administration
The British government, led by Business and Trade Secretary Jonathan Reynolds, is lobbying US President Donald Trump to avoid imposing tariffs on UK trade. Reynolds emphasizes that the US does not have a trade deficit with the UK in manufactured goods, rendering tariffs unnecessary.
- Country:
- United Kingdom
The British government is advocating for a tariff-free trade agreement with the United States, as it tries to dissuade US President Donald Trump from imposing tariffs on its commerce. Business and Trade Secretary Jonathan Reynolds underlined the lack of a US trade deficit with the UK on manufactured goods, arguing against the necessity of tariffs.
President Trump's economic agenda prominently features tariffs to bolster the US economy, protect American jobs, and leverage international trade policies. While he has considered tariffs on countries like China, Canada, and Mexico, Trump hinted at preferring trade deals over tariffs.
This diplomatic maneuver by the UK comes as the nation seeks to enhance global trade relations post-Brexit. At the World Economic Forum in Davos, Reynolds and Chancellor Rachel Reeves emphasized the UK's investment appeal, attempting to draw global businesses to the country's advantageous market landscape.
(With inputs from agencies.)
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- Brexit
- Jonathan Reynolds
- manufactured goods
- World Economic Forum
- investment
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