UK’s Reeves: UK is in intensive tariff talks with the Trump administration

British Finance Minister Rachel Reeves said on Thursday that “the UK is in intensive tariff talks with the Trump administration.”

Additional quotes

"I believe in free and open trade."

"I want UK-US trade flows to continue to be strong."

"Trade frictions will make it harder to grow the economy."

"We don't want to see additional tariffs."

"I would like to see tariffs between countries fall."

Market reaction

GBP/USD was last seen trading at 1.2915, up 0.21% on the day.