UK Trade Secretary Confident in Easing New US Tariffs Amid Ongoing Talks

UK Trade Secretary Jonathan Reynolds has expressed optimism about securing a reduction—or possible removal—of the recently imposed 10% US tariff on British exports. Speaking during an interview with Bloomberg TV on Thursday, Reynolds confirmed that discussions are actively underway with senior US officials as part of a broader effort to strengthen UK-US economic relations.

Reynolds revealed he had already spoken with US Commerce Secretary Howard Lutnick and Trade Representative Jamieson Greer earlier that day, signalling a proactive approach to resolving the trade dispute diplomatically.

These talks follow President Donald Trump’s sweeping announcement of new import tariffs affecting all foreign trade partners, a move that has caused significant turbulence in the global trade landscape.

Reynolds underscored the long-standing partnership between the United Kingdom and the United States, which he said provides a strong foundation for meaningful dialogue and mutually beneficial solutions. He also acknowledged Prime Minister Keir Starmer’s key role in cultivating a constructive relationship with President Trump, positioning the UK as a serious and trusted partner in negotiations.

Addressing the economic implications of the tariffs, Starmer warned of potential challenges for the UK economy, but stressed the need for a measured and strategic response. He affirmed Britain’s commitment to protecting its economic interests while engaging in calm, pragmatic negotiations with Washington.

Reynolds also expressed confidence in the UK’s status among affected nations, suggesting that its position could help expedite a resolution. He reaffirmed that eliminating trade barriers and reinforcing economic ties with the US remains a top priority for the UK government.

“We’re focused on finding a fair and lasting solution,” Reynolds said, emphasising that the UK’s main objective is to achieve a trade agreement that removes the need for tariffs and strengthens bilateral cooperation.

(Sources: bloomberg.com)