{"id":49479,"date":"2025-04-25T13:30:11","date_gmt":"2025-04-25T13:30:11","guid":{"rendered":"https:\/\/www.europesays.com\/uk\/49479\/"},"modified":"2025-04-25T13:30:11","modified_gmt":"2025-04-25T13:30:11","slug":"uk-chancellor-says-eu-trade-relations-arguably-more-important-than-us","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/uk\/49479\/","title":{"rendered":"UK chancellor says EU trade relations &#8216;arguably&#8217; more important than US"},"content":{"rendered":"<p><img decoding=\"async\" class=\"c-ad__placeholder__logo\" src=\"https:\/\/www.europesays.com\/uk\/wp-content\/uploads\/2025\/04\/logo-euronews-grey-6-180x22.svg.svg+xml\" width=\"180\" height=\"22\" alt=\"\" loading=\"lazy\"\/>ADVERTISEMENT<\/p>\n<p>Just hours before a meeting in Washington with US Treasury Secretary Scott Bessent, Rachel Reeves, the UK&#8217;s Chancellor of the Exchequer &#8211; the finance minister &#8211; said that the UK\u2019s trade relationship with the EU remained a higher priority than its economic ties with the United States.<\/p>\n<p>\u201cI understand why there\u2019s so much focus on our trading relationship with the US but actually our trading relationship with Europe is arguably even more important,\u201d Reeves told reporters in Washington, adding: \u201cBecause they\u2019re our nearest neighbours and trading partners.\u201d<\/p>\n<p><img decoding=\"async\" src=\"https:\/\/www.europesays.com\/uk\/wp-content\/uploads\/2025\/04\/icon-cross-10x10-grey-6.svg.svg+xml\" width=\"10\" height=\"10\" alt=\"Close advertising\" fetchpriority=\"high\" loading=\"lazy\"\/><\/p>\n<p>US president Donald\u00a0Trump imposed 10% tariffs on UK exports on \u201cLiberation Day\u201d, the day he announced \u201creciprocal\u201d tariffs with US trading partners across the globe. The UK hopes to secure a trade deal with the US, Reeves said, claiming that the UK has to offer \u201cpolitical and financial, including fiscal, stability\u201d.<\/p>\n<p>However, in the run-up to a crucial EU-UK summit scheduled for 19 May, Reeves made clear that her focus remains on strengthening the relationships the UK is steadily rebuilding with its European neighbours.<\/p>\n<p>\u201cObviously I\u2019ve been meeting Scott Bessent this week while I\u2019m in Washington, but I\u2019ve also this week met the French, the German, the Spanish, the Polish, the Swedish, the Finnish finance ministers,\u201d she said, adding that rebuilding a good relationship the EU was important in a way that is \u201cgood for British jobs and British consumers.\u201d<\/p>\n<p>The UK and the EU should discuss a post-Brexit reset at next month\u2019s summit. The British want\u00a0to table a sanitary and phytosanitary deal to eliminate checks on UK exports to the EU and a deal on carbon emissions.<\/p>\n","protected":false},"excerpt":{"rendered":"ADVERTISEMENT Just hours before a meeting in Washington with US Treasury Secretary Scott Bessent, Rachel Reeves, the UK&#8217;s&hellip;\n","protected":false},"author":2,"featured_media":49480,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5174],"tags":[2000,7221,299,5187,1699,15,1220],"class_list":{"0":"post-49479","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-eu","8":"tag-eu","9":"tag-eu-policy","10":"tag-europe","11":"tag-european","12":"tag-european-union","13":"tag-united-kingdom","14":"tag-ursula-von-der-leyen"},"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@uk\/114398850279934526","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/49479","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/comments?post=49479"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/49479\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media\/49480"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media?parent=49479"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/categories?post=49479"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/tags?post=49479"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}