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  • 8 months ago
Britain’s Trade Minister Jonathan Reynolds will meet U.S. Trade Representative Jamieson Greer in Paris today to address challenges in implementing a trade deal complicated by new U.S. steel tariffs announced last week.

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00:00Britain's Trade Minister Jonathan Reynolds will meet U.S. Trade Representative Jameson
00:05Greer in Paris today.
00:07The meeting aims to discuss the implementation of a trade deal now complicated, but the new
00:12U.S. steel tariffs announced last week.
00:16Reynolds is in the midst of a three-day visit to Paris and later Brussels this week.
00:22During his visit, he is set to review agreed deals with his counterparts from the U.S.
00:26and the EU, who are Britain's two biggest trading partners.
00:30The deal struck last month are political understandings rather than formal agreements, with implementation
00:36details still unclear.
00:38Although Prime Minister Keir Starmer and U.S. President Donald Trump agreed to lower tariffs
00:43on British cars and steels to the U.S., but delayed implementation meant that tariffs may
00:48rise before any reductions take effect.
00:51Trump announced last week that U.S. tariffs on imported steel would increase from 25%
00:56to 50% starting Wednesday.
00:59UK steel warned the move could severely impact British producers.
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