The chancellor says she “understands what President [Donald] Trump wants to address” with his tariffs, ahead of talks with her US counterpart in Washington on Friday. Rachel Reeves said there were similarities with the way both the US and UK governments had come to power off the back of voter frustration with the economy.

By William Schomberg WASHINGTON (Reuters) -British finance minister Rachel Reeves said on Thursday she shared some of U.S. President Donald Trump's concerns about imbalances in the world economy, a day before she was due to discuss a trade deal with her U.

UK chancellor Rachel Reeves has rejected key planks of Donald Trump’s economic agenda ahead of talks with Scott Bessent, her US counterpart, saying she is “proud that the UK has its global, open reputation”.