US EditionRachel Reeves: EU trade relationship ‘more important’ than US
- Rachel Reeves, the Chancellor, stated that the EU trade relationship is arguably more important than with the US as they are the UK’s nearest neighbors and trading partners.
- The Chancellor aims to secure a deal that mitigates the tariffs imposed by President Donald Trump, including a 10% tariff on UK exports and 25% on cars, steel, and aluminium.
- US Vice President JD Vance believes there is a good chance a deal with the UK can be reached, despite skepticism from some US officials.
- Reeves has been meeting with various European finance ministers and collaborating with EU and Canadian counterparts to remove trade barriers and secure beneficial terms for British jobs and consumers.
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EU to 'leave no stone unturned' on trade
The European Union will do all it can to engage with the United States on trade and reduce the massive uncertainty that is weighing down the global economy, Minister for Finance Paschal Donohoe has said, underscoring unity among the bloc's members.
·Ireland
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UK chancellor: EU trade relations 'arguably' more important than US
A day after the meeting between the President of the European Commission, Ursula von der Leyen, and UK Prime Minister Keir Starmer, the UK finance minister said that trade relations with the EU may take precedence over those with the US.
·France
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Coverage Details
Total News Sources23
Leaning Left2Leaning Right4Center7Last UpdatedBias Distribution54% Center
Bias Distribution
- 54% of the sources are Center
54% Center
15%
C 54%
R 31%
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