London, UK – British Business Minister Jonathan Reynolds expressed optimism that tariffs imposed by U.S. President Donald Trump could be reversed in the near future, provided the two nations finalize a tech-led economic partnership. Speaking to Sky News on Tuesday, Reynolds emphasized the government’s “calm-headed approach” to negotiations.
The UK anticipates being impacted by Trump’s global tariff plan, set to take effect this week. However, Reynolds assured that efforts to secure exemptions through a new economic deal are ongoing. While he refrained from providing a specific timeline for the reversal, he warned that prolonged negotiations might compel Britain to impose retaliatory tariffs.
“The longer we don’t have a potential resolution to that, the more we will have to consider our own position,” Reynolds stated, adding that all options remain on the table to protect national interests.
The government remains committed to finding a resolution that benefits both nations, as discussions continue to address the economic implications of the tariffs.