UK trade minister says negotiating with the US to eliminate additional tariffs

• It’s disappointing that US has imposed global tariffs on steel and aluminum
• Negotiating a wider economic agreement to eliminate additional tariffs
• Focused on a more pragmatic approach and rapidly negotiating on the matter
• Will keep all options on the table and won’t hesitate to respond in the national interest

Among all of the major economies, the UK isn’t one to suffer much of Trump’s ire thus far. For the next few days, the focus will stay on Canada with the threat of an escalation to 50% tariffs on the cards.

This article was written by Justin Low at www.forexlive.com.