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4w ago

UK–US Trade Deal Talks Intensify as Ministers Stress Standards Over Speed

High-level negotiations continue with the White House, but UK officials caution that a deal remains uncertain while tariffs strain the economy.

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Pat McFadden, Chancellor of the Duchy of Lancaster, said the government would not rush into an agreement
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Overview

  • Senior UK ministers describe a trade agreement with the US as 'possible' but not guaranteed, emphasizing the need for a deal in the national interest.
  • High-level talks are ongoing, with no clear timeline for an agreement as the UK seeks relief from Trump-imposed tariffs on steel, cars, and other goods.
  • The UK government has set firm red lines, refusing to compromise on food standards, animal welfare, or online safety to secure a trade deal.
  • Chancellor Rachel Reeves and other officials highlight the importance of avoiding a rushed agreement, prioritizing long-term benefits over short-term gains.
  • Parallel negotiations with the EU are also underway, focusing on reducing Brexit-related trade frictions and exploring a potential youth mobility scheme.