• The UK is in intensive tariff talks with the Trump administration.
  • I believe in free and open trade.
  • I want UK-US trade flows to continue to be strong.
  • Trade frictions will make it harder to grow the economy.
  • We don't want to see additional tariffs.
  • I would like to see tariffs between countries fall.

That last comment would be a very good news for global growth but unfortunately it looks like an utopia.

UK's Chancellor Rachel Reeves
UK's Chancellor Rachel Reeves
Source: Forex Live