UK minister Reynolds to discuss trade in Washington

UK Business Minister Jonathan Reynolds will visit Washington on Tuesday. He will meet with U.S. Commerce Secretary Howard Lutnick and U.S. Trade Representative Jamieson Greer. The talks aim to advance a bilateral trade agreement between the UK and the U.S. Reynolds plans to discuss ways to strengthen industry and business ties that benefit consumers in both countries. This meeting follows initial discussions between U.S. President Donald Trump and UK Prime Minister Keir Starmer last month. Reynolds stated that the UK and U.S. maintain a fair and balanced relationship that has been beneficial for many years. His visit is part of the UK's effort to engage constructively with the new U.S. administration to secure a broader economic deal that is advantageous for both nations. The UK chose not to retaliate against Trump's recent tariffs on steel and aluminum imports, hoping to negotiate a trade agreement to avoid further duties that might be announced soon. The two countries had previously worked on trade negotiations during Trump’s first term but did not reach a deal before he left office. Britain's ambassador to the U.S., Peter Mandelson, emphasized the potential for a "full spectrum technology partnership" between the allies. He highlighted the importance of collaboration, especially in areas like artificial intelligence, biotechnology, and advanced technologies. The U.S. is the UK’s largest trading partner, with over $1.5 trillion invested in each other’s economies across several key sectors.