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    Reeves ready to cut tariffs on US car imports in push for deal with Trump

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    By News Desk on April 24, 2025 Business, Business Briefing, News Briefing
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    Reeves ready to cut tariffs on US car imports in push for deal with Trump says the Financial Times

    Reeves ready to cut tariffs on US car imports in push for deal with Trump

    • Chancellor Rachel Reeves says she is hopeful for a deal with the US but won’t rush into anything or yield on food standards.
    • Global stock markets have lifted by the easing of tensions amid Donald Trump hinting that he might back down on the tariff war with China.
    • Brandon Lutnick, son of US commerce secretary Howard Lutnick, is partnering with SoftBank, Tether and Bitfinex on a bitcoin acquisition vehicle to capitalise on a cryptocurrency revival under US President Donald Trump.

    Business pages Financial Times
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