• Wed, April 23, 2025

by: Reuters

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UK won't rush to reach trade deal with U.S., finance minister Reeves says

WASHINGTON (Reuters) -Britain's government is not in a rush to secure a trade deal with U.S. President Donald Trump's administration, finance minister Rachel Reeves said on Wednesday, and she ruled out making concessions on food standards in the talks. Reeves, like many of her global peers, hopes to make progress towards reducing Trump's import tariffs while attending the International Monetary Fund and World Bank spring meetings in the U.S. capital this week.
The UK government has stated that it will not rush into a trade deal with the United States, emphasizing the importance of securing a high-quality agreement that benefits British businesses and consumers. This stance comes amidst ongoing negotiations and reflects a cautious approach to trade talks, especially given the complexities involved in aligning with U.S. standards and regulations. The UK's position is also influenced by domestic political considerations and the need to maintain public support for any future trade agreements.

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