
Donald Trump has warned that “substantial” baseline tariffs will remain on goods imported to the US from all countries, in a blow for Rachel Reeves as she heads to Washington next week for trade talks.
The UK is hoping a deal can help stave off the full brunt of the US president’s sweeping 10% tariffs on all goods imported to the US, and The Telegraph has reported that White House officials believe an agreement could be reached “within three weeks”.