The Trump administration plans to put pressure on the UK to slash car tariffs from 10% to 2.5%.

According to reports citing sources familiar with a draft document distributed by the Trump administration, the United States will ask the UK to reduce car tariffs from 10% to 2.5%. UK Chancellor of the Exchequer Rachel Reeves will meet with US Treasury Secretary Scott Benett this week in an effort to reach a trade agreement that may reduce or eliminate the tariffs imposed by the Trump administration on UK goods. The report states that the US is formulating trade negotiation terms, requesting London to lower tariffs on various goods and eliminate non-tariff barriers. In addition, the Trump administration is also trying to secure looser import conditions for the US Shenzhen Agricultural Power Group (including beef). Currently, the US imposes a 10% tariff on most UK goods, with higher duties of 25% in key areas such as cars and steel. It is unclear at this time whether the US will consider lowering the 10% tariff on the UK if London agrees to all of their trade requests. White House spokesperson Kush Desai responded, saying, "The government's trade and economic teams are working hard to negotiate tailored agreements with major trading partners. However, any final decisions and agreements will be made by President Trump alone." A spokesperson for the UK government declined to comment on specific terms, emphasizing that they will not provide real-time responses or set a timetable for ongoing trade negotiations, and added, "We always believe that a trade war is not in the interest of any party and will continue to approach negotiations with a calm and steady attitude, seeking to find a solution."