UK’s Reynolds says balanced trade with US reduces risk of Trump tariffs, FT reports

12/06/2024

Less than a minute

2024.12.06 00:44

© Reuters. FILE PHOTO: Britain’s Business Secretary Jonathan Reynolds departs following a cabinet meeting at 10 Downing Street in London, Britain, July 23, 2024. REUTERS/Toby Melville/File Photo

(Reuters) – Britain’s balanced trade with the U.S. should reduce the risk of tariffs that President-elect Donald Trump will introduce on its products, the Financial Times reported on Friday, citing the country’s business minister Jonathan Reynolds.

Even if Trump introduces new tariffs against Britain, the government will think carefully about retaliating, Reynolds told the newspaper in an interview for the FT’s Global Boardroom to be broadcast on Friday.

12/06/2024

Less than a minute

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