Impact of Global Trade Slowdown on the UK Economy

Chancellor Rachel Reeves has expressed concerns over the potential impact of a global trade slowdown on the United Kingdom's economy. She highlighted that the UK could feel the repercussions of trade barriers, even if these are not directly aimed at its exports.

UK-US Trade Deal Negotiations

Reeves also shared her insights on the ongoing discussions for a trade deal between the UK and the US. She emphasized the importance of ensuring that any agreement is balanced and not one-sided. Furthermore, Reeves stated that the UK aims to maintain strong trade relations with both the US and the European Union, without having to choose between them.