Bank of England governor Andrew Bailey has said the UK must "do everything we can" to "rebuild trade with the EU.

The US and UK have announced a deal on tariffs which will see the 25% levy on UK steel and aluminium removed and the rate on most car exports cut to 10% - but campaigners argue the White House's "chaotic" style means any agreement must be treated with "extreme caution".

On 2 April, standing in the Rose Garden of the White House, Donald Trump announced new tariffs on UK exports to the US. Trump has since delayed the implementation of the higher rates of tariffs for 90 days. But what are tariffs? How will these new tariffs affect the UK? And how should the UK government respond to this change to the world economic order?

On 2 April, President Trump announced a new set of global tariffs, including a 10% tariff on all UK imports to the US and a 25% tariff on all foreign manufactured automobile imports to the US.

Responding to the introduction of new tariffs on UK imports to the US, Andrew Lewin MP, Chair of the cross-party UK Trade and Business Commission argues the UK should respond by increasing trade with the EU.

Recently there has been a discussion in the media as to whether UK or German trains are less punctual. This doesn’t say much for the state of the railways in either country, but it serves well as an analogy for the state of the UK-EU ‘reset’ in that both sides have been struggling to set out a vision that does justice to a shared desire to move on from Brexit towards a deeper relationship.

Today, hidden from the icy January cold inside the Capitol, Donald Trump becomes the 47th President of the United States. The President is riding on a high, fresh from hosting a rally for his supporters on Sunday where he promised to bring down inflation, bring back jobs to America and impose tariffs on competitors around the world. But whilst Trump may be insulated from the cold today, how might the UK’s economy fare when exposed to an increasingly protectionist United States? 

A major new poll reveals twice as many voters think the Prime Minister should prioritise trade with the EU over trade with the USA. The findings come as the influential UK Trade and Business Commission reconvenes.

In a UK first, an economy-wide consultation has been launched to gather evidence on the biggest issues facing all industries in the post-Brexit landscape and as the UK Government negotiates new trade agreements.

US Congressman and member of the influential Ways and Means Committee Brendan Boyle (Dem) has today slammed Liz Truss’ Northern Ireland Protocol Bill, claiming it would be a violation of international law opposed by the White house and both parties of Congress.

US Congressman and member of the influential Ways and Means Committee Brendan Boyle (Dem) has today slammed Liz Truss’ Northern Ireland Protocol Bill, claiming it would be a violation of international law opposed by the White house and both parties of Congress.

The UK and EU are facing fresh calls to reduce divisions over the Northern Ireland Protocol in the face of greater common international challenges.