Reported about 7 hours ago
The United States is seeking to have the UK lower its automotive tariff from 10% to 2.5%, according to a report by The Wall Street Journal. British finance minister Rachel Reeves is set to meet with Treasury Secretary Scott Bessent to discuss trade agreements that could impact tariffs imposed under the Trump administration. The U.S. aims to negotiate terms that would include reducing various levies and easing restrictions on U.S. agricultural imports.
Source: YAHOO