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Guardian
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‘Down to the wire’: inside the UK’s crunch talks with the US as it bids to avoid Trump tariffs
- UK ministers and officials are in talks with US counterparts to avoid Trump's imminent tariffs on car imports, affecting British carmakers like Bentley and Aston Martin.
- The UK is seeking exemptions from tariffs as part of a US-UK economic deal, with negotiations ongoing before Trump's imposed levy on 2 April.
- The US is the UK's largest trading partner with a relationship worth nearly £300 billion yearly, emphasizing the need for a balanced trading agreement.
- Downing Street officials, including Prime Minister's advisors, are actively involved in negotiations to secure a deal, with the possibility of retaliatory tariffs if needed.
- UK faces uncertainty about its strategy, offering concessions like the digital services tax, potentially risking too much for a deal that may not be beneficial in the long run.
- Past trade disputes with the US over food safety issues like chlorinated chicken and hormone-fed beef add complexity to the current negotiations.
- Concerns remain about the UK's approach, with experts questioning the strategy of offering concessions to the US when not specifically targeted by Trump's tariffs.
- Officials are racing against time to secure exemptions before Trump's imposed tariffs come into effect, with the UK likely to continue discussions beyond the deadline.
- The UK's trade policy head mentions there will be intense discussions with the US administration over the weekend to obtain the best possible outcome before the tariff announcements.
- The UK's negotiation stance amidst uncertain trade dynamics reflects a challenging scenario as they strive to reach a favorable agreement with the US.
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