Business Secretary Jonathan Reynolds is set to negotiate in Washington for UK exemptions from new US tariffs on steel and aluminum. He will be the first UK minister to engage directly with the Trump administration, hoping to secure a broader economic deal that protects British steel industries. The backdrop includes Trump's recent 25% tariffs and plans for reciprocal measures, raising concerns about their impact on UK exports, particularly with Britain's high VAT rate. Reynolds advocates for the importance of UK industries and plans a pragmatic approach in negotiations.
Mr Reynolds is set to meet Howard Lutnick, the US Commerce Secretary, and Jamieson Greer, the US Trade Representative, to explore a broader economic deal between Britain and America-one that he hopes will include relief for the UK's steel industry.
Protecting and growing the industries that power the UK and play a key role in delivering our Plan for Change is a priority for this Government.
When it comes to global tariffs, we're assessing all options. As the Prime Minister said last week, we're keeping all options on the table, but we're going to take a pragmatic approach to this.
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