Browsing: tariffs negotiation

The UK is in discussions with the US regarding potential car tariffs, with an eye on Tesla subsidies, according to Shadow Chancellor Rachel Reeves. These negotiations may reshape automotive trade dynamics and enhance UK competitiveness in the EV market.

US Treasury Secretary Janet Yellen has urged Canada and Mexico to align their tariffs on Chinese imports, highlighting the need for a unified approach to trade policies within North America. This move aims to strengthen regional economic strategies.