English>

Market News

UK Says Trump’s 10% Tariffs Can Be Reduced in US Trade Deal - BLOOMBERG

APRIL 03, 2025

By , and 

UK Trade Secretary Jonathan Reynolds expressed confidence in reducing the new 10% tariff imposed on the country’s exports by Donald Trump, putting pressure on British officials locked in talks with the White House over a deal to bring the two economies closer.

While the UK didn’t immediately retaliate to the US president’s measures, Reynolds told the House of Commons on Thursday that he would consult businesses on whether it should resort to further tariffs on US goods if a deal fell through. For now though, he said he’s continuing his dialog with US counterparts.

SEE HOW MUCH YOU GET IF YOU SELL

NGN
This website uses cookies We use cookies to personalise content and ads, to provide social media features and to analyse our traffic. We also share information about your use of our site with our social media, advertising and analytics partners who may combine it with other information that you've provided to them or that they've collected from your use of their services
Real Time Analytics