Reeves opens door to cutting US car import tariffs in UK trade talks

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As part of a trade agreement with Donald Trump, Chancellor Rachel Reevez opened the door to cut tariffs on US cars exported to the UK, but he emphasized that Britain would not reduce its food value or car protection rules.

Speaking in Washington, Reeves told a conference that the tariffs went “both ways” in business relationships and “I would like to see the reduction of this tariff and non-tariff barrier.”

Reeves had earlier told reporters that an agreement could be made as “a contract could be made” as he was ready to meet his US equivalent with the United States, Treasury Secretary Scott BasentHowever, he emphasized that it would not be at any price.

However, he refused to keep at any time in the discussion, insisted: “We are not rushing to any agreement – we will get the right agreement in our national interest.”

The obstacles in an agreement remain enough, seeking better access to British markets for its farmers in the United States. US negotiators have raised the issue with UK associates in recent weeks.

UK Prime Minister Sir Care Starmer said he would insist on supporting the “highest animal welfare standards” when he was asked by MPS on Wednesday, when he would reduce Britain’s food value to import “inferior meat” from the United States.

Downing Street says that supporting the current ban on hormone-treatment beef and chlorine-dubo chicken remains a “red line” in any trade discussion with the United States, a scene echoed by Reeves.

However, Reeves did not dismiss a suggestion that the UK could give positive response to US requests to cut its tariffs from 10 percent to 2.5 per cent as part of the UK trade agreement.

In reply, Britain would expect Trump to see his cut UK Car Import new 25 percent tariff America.

An official said that the first report made by the Wall Street Journal was possible, and Britain could not be able to deduct the tariffs on other trading partners – especially China – to adhere to the World Trade Organization rules.

Asked if the UK was willing to spend his tariffs on 2.5 percent as part of a contract, Reeves said he would not give “ongoing commentary” on this number.

Commerce expert David Henig said special treatment could be given to the United States if the pair discussed a free trade agreement.

He said that the FTA was needed in the WTO enough trade covers, but he said that “this is not such a powerful policy” and it was less likely to test.

Annual US car export in Britain relatively modest, at $ 1.4bn, eliminates the impact of any reduction industry in the UK tariff. This is mainly because most of the vehicles sold in the UK are made in Europe, even a US brand like Ford.

In its annual country-country-country trade report published this month, the US government has solved 20 percent tariffs on some fish and marine foods, 10 percent on trucks and cars and up to 6.5 percent in chemicals “high”.

Sir Care is coming through pressure from the government of Stermer British manufacturers including the car industry To reduce Trump’s obstacles by damaging the original export.

The Chief Executive Mike House of the Society of Motor Manufacturers and Traders said this week that a 20 percent tariff imposed on foreign cars was a “serious, significant and immediate” impact on the luxurious brands of the UK car industry.

Cars cover the largest single export items in the United States, sales of £ 6.4 billion dollars and cover brands like Bentley, Aston Martin and JLR’s Range Rover.

Reeves said that he had not received “any Maya” about the challenges raised by US duty when asked about the auto sector, especially on Wednesday. However, he emphasized that the UK would not dash a “defective agreement”.

“I will not put a deadline on it – the important thing is to make a proper deal instead of running into an agreement,” Reeves told reporters.

“The power of our trade relationship, the power of our defense and security relationships is unparalleled. The US administration like the UK government also wants to increase these forces and secure an agreement.”

Currently, cars sold in the United Kingdom or EU need to meet European protection standards with a wider crash test than the need for vehicles sold in the United States.

Reeves said that the UK car protection would not be easy in response to the call of another government.

“We are not going to change our quality based on asking from foreign governments,” he said. Food standard, around the Digital Services, the decisions around the auto standard, and we will continue, “he said.

Refuses to discuss the terms of any agreement with Reeves America, he added that he would not discuss the “complexity” of the business when he met Basent.

Valentina Romi’s additional report in London