Just hours before a meeting in Washington with US Treasury Secretary Scott Bessent, Rachel Reeves, the UK's Chancellor of the Exchequer - the finance minister - said that the UK’s trade relationship with the EU remained a higher priority than its economic ties with the United States.
“I understand why there’s so much focus on our trading relationship with the US but actually our trading relationship with Europe is arguably even more important,” Reeves told reporters in Washington, adding: “Because they’re our nearest neighbours and trading partners.”
