Strong Transatlantic Ties Endure Amid U.S. Election

British finance minister Rachel Reeves asserted that U.S.-Britain ties remain strong regardless of the U.S. election outcome. Speaking at IMF and World Bank meetings, she expressed confidence in continued collaboration with either Republican Trump or Democrat Harris, highlighting ongoing cost-of-living challenges despite economic resilience.


Devdiscourse News Desk | Updated: 25-10-2024 20:53 IST | Created: 25-10-2024 20:53 IST
Strong Transatlantic Ties Endure Amid U.S. Election
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In a recent discussion with Reuters, British finance minister Rachel Reeves affirmed that the enduring relationship between the United States and Britain will persist, irrespective of the results of the November 5 U.S. election.

Reeves, speaking from the International Monetary Fund and World Bank annual meetings, emphasized that the American electorate's decision will be respected, and the UK is prepared to collaborate with either presidential candidate. She noted past cooperation with both former President Donald Trump and Vice President Kamala Harris under the Biden administration.

Reeves observed that while global economic conditions have shown resilience, ensuring a "soft landing" with lower inflation and growth, many individuals still face the reality of a cost-of-living crisis, marked by sustained high costs for energy and food.

(With inputs from agencies.)

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