U.K. Can Increase Trade With Trump’s America, Rachel Reeves Says

U.K. Chancellor of the Exchequer Rachel Reeves said the British government wants to boost commerce with the U.S., its biggest single-country trading partner, even as President Donald Trump threatens widespread trade tariffs.

“Last time that President Trump was in the White House, trade and investment between our two countries increased,” Reeves said in an exclusive interview with Bloomberg News at the Group of 20 meeting of finance ministers and central bank governors in Cape Town. “I have every confidence that can happen again.”

Reeves’ comments come ahead of a crunch meeting between Prime Minister Keir Starmer and Trump in Washington on February 27, where the pair are set to discuss a range of issues including trade and the invasion of Ukraine. The U.K. is desperate to avoid American tariffs, with Trump already having put 10% levies on imports from China, and set to impose tariffs on steel and aluminum from March.

Britain has said it held “very positive conversations” with the U.S. on trade i…