Critics of UK-India trade deal ‘confused’, says minister as he denies British workers being undercut – UK politics live

Business and trade secretary Jonathan Reynolds says Conservatives and Reform have misunderstood the ‘landmark’ trade dealAccording to the Financial Times splash, the UK and the US has all but agreed a trade deal which is “set to be signed this week”. Jonathan Reynolds, the business secretary, would not confirm this when he gave interviews this morning. But he did not deny the reports either. He told the Today programme that he could not give a running commentary, but that he was “working extremely hard” to get the deal.In their story, Jim Pickard, Peter Foster and Aime Williams say:The UK and the US are close to agreeing a trade pact that would cushion the impact of Donald Trump’s “liberation day” tariffs by granting lower-tariff quotas for British car and steel exports, according to officials in London and Washington.The deal — set to be signed this week — is due to include quotas that spare some UK exports from the full brunt of the additional 25 per cent tariffs that Trump levied on steel and car imports in February and March … Continue reading...

May 7, 2025 - 11:27
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Critics of UK-India trade deal ‘confused’, says minister as he denies British workers being undercut – UK politics live

Business and trade secretary Jonathan Reynolds says Conservatives and Reform have misunderstood the ‘landmark’ trade deal

According to the Financial Times splash, the UK and the US has all but agreed a trade deal which is “set to be signed this week”. Jonathan Reynolds, the business secretary, would not confirm this when he gave interviews this morning. But he did not deny the reports either. He told the Today programme that he could not give a running commentary, but that he was “working extremely hard” to get the deal.

In their story, Jim Pickard, Peter Foster and Aime Williams say:

The UK and the US are close to agreeing a trade pact that would cushion the impact of Donald Trump’s “liberation day” tariffs by granting lower-tariff quotas for British car and steel exports, according to officials in London and Washington.

The deal — set to be signed this week — is due to include quotas that spare some UK exports from the full brunt of the additional 25 per cent tariffs that Trump levied on steel and car imports in February and March … Continue reading...