Rachel Reeves has met his American counterpart as the UK and the US wants to exclude a business deal.
Chancellor met American Treasury Secretary Scott Besant on Friday afternoon, “Surely even more important” compared to the commercial link with the US after claiming Britain’s relations with the European Union.
Ms. Reeves said that the discussions had focused on “to reach an agreement” to reach an agreement in a post on Twitter in the east after the meeting.
Chancellor’s insistence on a deal that benefits both sides, as ministers have faced questions about whether they will accept concessions as part of the deal, including allowing US food yield in the UK and ending taxes on Big US Tech firms.
In an interview with the BBC, Ms. Reeves earlier said that the government was working “flat out” to secure a deal that would reduce the impact of the tariff imposed by Mr. Trump in April.
But Ms. Reeves also suggested that the improving link with the European Union was a more important priority.
He said: “I think there is so much attention to our business relations with America, but in fact our business relations with Europe are definitely even more important, because they are our nearest neighbor and business partners.”
Downing Street stated that Chancellor’s comment was “a statement of the fact that the European Union is our biggest trading partner”.
A number 10 spokesperson also pointed to the previous comments of Sir Kir Stmper, stating that it was “a wrong choice between the European Union and the US”.
The meeting of Ms. Reeves with Mr. Besant comes to the end of the three -day visit to Washington, in which she had talks with foreign finance ministers during the spring meetings of the International Monetary Fund (IMF).
She has already met the European Union Commissioner Waldis Dombrovlskis, Canadian Finance Minister Francois-Filip Champagne and Chinese Finance Minister LAN Foan, as she wants to deepen trade links with countries around the world in view of Mr. Trump’s tariff announcement.
Along with “reset” in relations with the European Union, the Labor Government has demanded a clutter of Britain’s relations with China after years of low contact under the previous government.
After a conversation with Mr. Besant, he was also expected to meet Mr. Trump’s Senior Economic Advisor Kevin Haset.
Mr. Trump imposed 10% tariffs on UK exports, when he used Levy widely in the rest of the world on 4 April, as well as 25% duty on cars, steel and aluminum.
Chancellor told the BBC that “what he wants to address President Trump” understands that while speaking about the tariff.
“We are all struggling with this issue of tariffs, but I think there is an understanding why President wants to address some global imbalance in the Trump system,” he told the broadcaster.
Ms. Reeves has stated that “a deal is to be made” with Washington, despite the suggestions of senior US authorities that Mr. Trump considers 10% tariff as “baseline”, he is unlikely to go down.
But he has also denied several concessions, which is seen as the price of a deal to America.
These include a decrease in the rules of food standards that limit the imports of American agricultural goods and change the online security law that some American politicians believe that the freedom of speech limits.
However, a deal may include a reduction in tariffs on American cars in exchange for tariff cuts on British-made vehicles, with Ms. Reeves on Wednesday to rule such a step.
Liberal Democrat deputy leader Daisy Cooper said that the Chancellor “was perfect that our business relationship with Europe is more important, but the government so far shows that they are slightly more than empty words”.
He said: “This government has bent backwards to please Donald Trump, but has barely lifted a finger to increase growth by increasing trade with Europe.
“This is the time for the government to be serious about our business relations with Europe, which rip the red tape from the bated braxit deal, agrees to a capped youth mobility scheme and is interacting on the UK-EU Customs Union.”
