The chancellor made the remarks whereas talking Thursday night time at her first Mansion Home occasion, the place she additionally outlined reforms to spice up the Metropolis of London by permitting additional threat within the U.Ok. monetary system, amongst different coverage maneuvers.
Donald Trump received the U.S. election in a landslide final week, and has pledged to impose a flat tariff of as much as 20 % on all U.S. imports, in addition to 60 % tariffs on items from China.
Analysts have warned tariffs on British items might severely harm the U.Ok. financial system.
Reeves instructed MPs on the Treasury Committee final week that the federal government will “proceed to make the case at no cost commerce” and that she is “not in favor of recent tariffs towards international locations.”
In her speech to Metropolis of London attendees, the chancellor stated the U.Ok. wouldn’t reverse Brexit however the nation “should reset our relationship” with the EU because it faces “geopolitical uncertainty” and “structural challenges, together with these which have come from Brexit.”
“That might be my message after I attend the Eurogroup assembly of finance ministers in Brussels subsequent month,” Reeves stated.
