Rachel Reeves, the UK's chancellor, emphasized the significance of the UK's trading relationship with the EU, suggesting it may be even more crucial than its ties with the US. While in Washington to lobby for reduced tariffs with the US, Reeves also highlighted her efforts to strengthen relations with European counterparts, discussing trade matters with finance ministers from several EU countries. As the UK and EU prepare for a summit to reset their relationship, Reeves seeks to enhance economic connections that benefit British jobs and consumers.
Reeves emphasized that while the US trading relationship is crucial, the EU's proximity makes it arguably more significant for the UK's economy and jobs.
At IMF meetings, Reeves engaged with finance ministers from several European nations to emphasize the necessity of revitalizing trade ties with the EU.
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