Reeves to press case for global free trade in US talks
Chancellor Rachel Reeves will use a trip to Washington this week to make the case for global free trade, while also urging the Trump administration to cut punitive tariffs on UK car and steel exports.
Reeves will discuss a possible UK/US trade deal when she meets US Treasury secretary Scott Bessent for the first time, stressing that Britain will not strike a deal at any price.
But Reeves will use the spring meetings of the IMF and World Bank in Washington — attended by top finance ministers and central bankers — to make the broader case for free and open trade.
The chancellor, who is seeking to strengthen Britain’s economic ties with the EU, China and India, will argue that free trade is in Britain’s national interest, according to her allies.
The meetings in Washington mark the first major gathering in the US capital of top economy policymakers since Donald Trump’s inauguration as US president in January, adding an edge to their discussions.
The meetin...
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