UK Finance Minister Meets US Treasury Secretary on Economic Prosperity Deal

British Finance Minister Rachel Reeves met U.S. Treasury Secretary Scott Bessent on April 25th to discuss a proposed ‘prosperity deal’ between the two countries. Despite highlighting this deal as important, Reeves emphasized that she prioritizes the UK’s ties with the European Union over those with the US. This stance aligns with her previous statements indicating that strengthening relations with Europe is more crucial for now than securing trade agreements with the US. ]