Reeves to make case for trade deal in first meeting with US treasury secretary

Rachel Reeves will meet Scott Bessent in Washington to negotiate a UK-US trade deal, focusing on reducing tariffs and exploring trade agreements like pharmaceuticals. Britain aims for 25% tariffs on certain goods but not yet including pharmaceuticals. A draft deal covers steel, cars, and other details, with plans to reduce the digital services tax rate. Both sides show optimism about potential deals, highlighting broader global economic implications.