Britain’s Trade Minister Jonathan Reynolds is set for a pivotal week of negotiations with U.S., EU, and Indian officials as fresh U.S. steel tariffs complicate the implementation of recent trade agreements.
This week, UK Trade Minister Jonathan Reynolds embarks on a series of high-profile meetings in Paris and Brussels to address the challenges surrounding recently announced U.S. steel tariffs and to advance key trade agreements with Britain’s major partners.
On Tuesday, Reynolds will meet with U.S. Trade Representative Jamieson Greer to discuss the practicalities of a trade deal agreed last month between the UK and the U.S. Although the deal aimed to lower tariffs on British steel and cars, the implementation has faced delays, and recent announcements suggest U.S. steel tariffs could rise sharply from 25% to 50%, threatening British producers.
Industry experts warn that the tariff increase would severely impact UK steel manufacturers, calling it a “body blow” to the sector. The British government is actively engaging with U.S. counterparts to assess the impact and push for clarity on the timeline for rolling out the bilateral agreement.
Beyond the U.S., Reynolds is scheduled to meet with Indian Commerce Minister Piyush Goyal to discuss the ongoing finalisation of a Free Trade Agreement between the two nations. While the legal texts are near completion, the agreement still requires ratification, which could take several months.
Reynolds’ itinerary also includes talks with EU Trade Commissioner Maros Sefcovic, continuing efforts to ease trade frictions without reopening Brexit arrangements. The UK recently announced the suspension of border checks on EU fruit and vegetable imports, a move designed to smooth food trade ahead of the planned removal of red tape between the UK and EU.
Reynolds emphasized the importance of evolving trade relationships with the UK’s largest partners, stating, “We recognize our relationship with G7 allies and EU counterparts must continue to evolve and deliver a better trading environment for our businesses and exporters.”
Canada is facing its second-worst wildfire season on record, with 7.8 million hectares already burned, and the fires could persist for weeks, accordin...
A research team led by Tsinghua University has unveiled a groundbreaking method for making organs transparent, offering the most detailed view yet of ...
Chinese Foreign Minister Wang Yi arrived in New Delhi today for a closely watched round of bilateral discussions with senior Indian leaders, including...
In Bolivia's first-round presidential election, voters decisively rejected the leftist party that has ruled the country for most of the past two decad...
Indian Foreign Minister Subrahmanyam Jaishankar began discussions with his Chinese counterpart Wang Yi in New Delhi on Monday, emphasizing that positi...
Canada is facing its second-worst wildfire season on record, with 7.8 million hectares already burned, and the fires could persist for weeks, according to federal officials.
A research team led by Tsinghua University has unveiled a groundbreaking method for making organs transparent, offering the most detailed view yet of the brain’s inner workings.
Chinese Foreign Minister Wang Yi arrived in New Delhi today for a closely watched round of bilateral discussions with senior Indian leaders, including External Affairs Minister S. Jaishankar and National Security Adviser Ajit Doval.
In Bolivia's first-round presidential election, voters decisively rejected the leftist party that has ruled the country for most of the past two decades, signaling a shift toward more market-friendly policies to address the nation's economic struggles.
A powerful eruption at Japan’s Shinmoedake volcano sent an ash plume more than 3,000 metres high on Sunday morning, prompting safety warnings from authorities.
According to the German Research Centre for Geosciences (GFZ), a magnitude 5.7 earthquake struck the Oaxaca region of Mexico on Saturday.
A magnitude 5.2 earthquake struck 56 kilometres east of Gorgan in northern Iran early Sunday morning, according to preliminary seismic data.
'Superman' continued to dominate the summer box office, pulling in another $57.25 million in its second weekend, as theatres welcome a wave of blockbuster competition following a challenging few years for the film industry.
Honduras has brought back mask mandates as COVID-19 cases and a new variant surge nationwide.
U.S. President Donald Trump said on Monday he expected Russian President Vladimir Putin to release more than 1,000 Ukrainian prisoners soon, after a trilateral meeting was set up with Ukrainian leader Volodymyr Zelenskyy.
Canada is facing its second-worst wildfire season on record, with 7.8 million hectares already burned, and the fires could persist for weeks, according to federal officials.
A research team led by Tsinghua University has unveiled a groundbreaking method for making organs transparent, offering the most detailed view yet of the brain’s inner workings.
Chinese Foreign Minister Wang Yi arrived in New Delhi today for a closely watched round of bilateral discussions with senior Indian leaders, including External Affairs Minister S. Jaishankar and National Security Adviser Ajit Doval.
In Bolivia's first-round presidential election, voters decisively rejected the leftist party that has ruled the country for most of the past two decades, signaling a shift toward more market-friendly policies to address the nation's economic struggles.
You can download the AnewZ application from Play Store and the App Store.
What is your opinion on this topic?
Leave the first comment