Jonathan Reynolds in Washington for first in-person trade talks Politics Jonathan Reynolds is in Washington DC for the first in-person trade talks under President Donald Trump’s administration. The business and trade secretary is in the US capital today for talks which officials said were aimed at strengthening UK-US ties and to discuss a wider economic deal. Reynolds will meet US commerce secretary Howard Lutnick and [...]
Tariffs: Starmer ‘disappointed’ by Trump move and ‘all options on table’ Politics The Prime Minister has said he is “disappointed” by US President Donald Trump’s move to bring in 25 per cent tariffs on steel and aluminium imports, including from the UK. Sir Keir Starmer has indicated the UK would keep open the option of retaliatory measures, emphasising that “we will keep all options on the table”. [...]
Canada and Mexico tariffs: No10 stresses ‘balanced’ trade relationship with US Politics The UK has a “strong, fair, balanced and reciprocal trading relationship” with the United States, No10 has stressed, as US tariffs came into force against Canada and Mexico. President Trump’s tariffs on goods from Canada and Mexico took effect on Tuesday, with global markets put on edge and retaliations planned by the two countries – [...]
Jonathan Reynolds relaunches trade deal talks with India February 24, 2025 The UK has relaunched talks on a free trade deal with India, with Jonathan Reynolds in New Delhi to resume negotiations. The business and trade secretary begins refreshed discussions with his Indian counterpart commerce minister Piyush Goyal in the South Asian capital today (Monday, February 24), marking a new phase of negotiations between the world’s [...]
International trade in the era of Trump 2.0 – how will the ICC adapt? February 20, 2025 Philippe Varin, chair of the International Chamber of Commerce, is stewarding the kind of globalist institution which Trump instinctively distrusts. He speaks to Eliot Wilson about championing free trade in an era of protectionism The International Chamber of Commerce is the world’s biggest representative organisation for business and trade. To establish some sense of scale, [...]
Canada wants to restart trade talks with UK, amid Trump tariffs row February 5, 2025 Canada wants to restart discussions on a free trade deal with the UK, amid a row with US President Donald Trump over tariffs. It comes as Trump put a pause on the 25 per cent tariffs he plans to impose on Canadian imports, after Canadian Prime Minister Justin Trudeau struck a deal over migration and [...]
No10: Starmer had ‘very good early engagement’ with President Trump January 27, 2025 Sir Keir Starmer has had “very good early engagement” with Donald Trump, Downing Street has said, after the leaders spoke for the first time since the US president’s inauguration. The Prime Minister’s official spokesman did not provide any updates on when Sir Keir might travel to Washington to meet the US president, or whether President [...]
‘Milestone’: UK first European country to join CPTPP trade bloc December 15, 2024 The UK has become the first European nation to join the CPTPP trade bloc after its membership formally took effect. Britain’s participation in the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) came into force on Sunday, December 15. The major Indo-Pacific trade partnership comprises member states Australia, Brunei, Canada, Chile, Japan, Malaysia, Mexico, New Zealand, [...]
Reeves promises ‘deeper, more mature’ economic relationship with EU December 9, 2024 Rachel Reeves has pledged to build a “deeper, more mature relationship” with European trading partners in the first speech by a UK chancellor to eurozone finance ministers since 2020. Speaking to the Eurogroup in Brussels on Monday, Reeves also brushed off the suggestion that Britain must choose between closer ties with the US and EU [...]
Boost ‘growth prospects’ with reset, Reeves to tell EU finance meeting December 8, 2024 Rachel Reeves will argue that a more business-like relationship with the EU can help Britain boost its “growth prospects”, at a meeting with the bloc’s finance ministers. Reeves will on Monday address the European Union’s financial heads in Brussels, becoming the first Chancellor to do so since Brexit, ahead of her next overseas visit to [...]