Reeves targets White House trade-off deal

RACHEL Reeves will hold talks with the White House this week in a bid to strike a UK-US trade deal, despite Donald Trump downplaying the chances of any imminent agreements.

- By Henry Pritchard

The Chancellor hopes a deal can help soften the blow of the US President's 10% tariffs on all goods imported to the US.

However, officials in Washington believe any agreement could be weeks away.

Asked if the UK is within touching distance of a deal, Reeves said: "Those conversations with our US counterparts are ongoing.

"I will be in Washington [this] week for the IMF (International Monetary Fund) meetings, and I'll also be having conversations with the US administration.