April 3, 2025
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8:32Now PlayingBritain’s Tade Secretary expressed confidence in reducing the new 10% tariff imposed on the country’s exports by Donald Trump, putting pressure on UK officials locked in talks with the White House over a deal to bring the two economies closer.
“I believe they can do,” Jonathan Reynolds told Bloomberg TV's Francine Lacqua on The Pulse, when asked if the US rates could ever be removed or reduced. Reynolds said he spoke to US Commerce Secretary Howard Lutnick and Trade Representative Jamieson Greer this morning, just hours after Trump rocked the global trading system with sweeping tariffs on every country.
“We built a relationship where I think it gives us the space to have this serious conversation about a good way forward in both of our countries’ interests, and of course my prime minister and the relationship he’s built with the president has been an important part of that,” Reynolds said. “That platform is definitely there.”
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