Sir Keir Starmer and Donald Trump have mentioned the “productive negotiations” in the direction of a UK-US “financial prosperity deal”, Downing Avenue has mentioned.
The 2 leaders mentioned a potential deal in a telephone name on Sunday and agreed negotiations will “proceed at tempo”, in response to a press release.
A Downing Avenue spokesperson mentioned: “The prime minister spoke to President Trump this night.
“The president opened by wishing His Majesty the King finest needs and good well being.
“Discussing Ukraine, the prime minister up to date the president on the productive discussions on the assembly of the Coalition of Keen in Paris this week. The leaders agreed on the necessity to sustain the collective strain on Putin.
“They agreed to remain in contact within the coming days.”
Earlier this week, Mr Trump introduced a new 25% tariff on all imported automobiles – threatening UK producers’ largest single export market.
Signing an govt order on Wednesday, Mr Trump mentioned the tax would kick in on 2 April – what he has referred to as “liberation day”.
British producers akin to Jaguar Land Rover, Bentley, Aston Martin and Rolls-Royce stand to be worst affected by the tariffs.
However the UK authorities has signalled it is not going to retaliate – mirroring its response to the tariffs on metal and aluminium imposed globally by the Trump administration earlier this month.
Tariffs are a key a part of Mr Trump’s efforts to reshape world commerce relations.
He plans to impose a swathe of what he calls “reciprocal” taxes on “liberation day” that will match tariffs and gross sales taxes levied by different nations.
President Trump instructed reporters on Sunday that the reciprocal tariffs will embody all nations that cost charges on US exports.
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The UK hopes an financial cope with the US will spare the nation from a broader spherical of those tariffs.
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On Friday, Mr Trump mentioned he was open to carving out offers with nations searching for to keep away from US tariffs, however these agreements could be negotiated after 2 April.
Mr Trump has already positioned a 20% tax on all imports from China.
He additionally positioned 25% tariffs on Mexico and Canada – earlier than later suspending them on sure items – with a decrease 10% tariff on Canadian vitality merchandise along with the duties on all metal and aluminium imports, together with these from the UK.
The 2 leaders spoke final Sunday in a “transient name” in regards to the financial prosperity deal, and once more practically three weeks in the past forward of the US-Ukraine talks in Saudi Arabia.
Mr Starmer and Mr Trump appeared to have a heat private relationship after they met within the Oval Workplace final month.
However only a day later, the US president together with vp JD Vance delivered a dressing all the way down to Ukrainian president Volodymyr Zelenskyy.
That assembly marked a significant shift within the US strategy to Ukraine, whereas Mr Starmer cemented his place as a bridge between Europe and Washington within the peace talks by internet hosting Mr Zelenskyy and different European leaders in London days later.
Mr Starmer and Mr Trump additionally spoke twice earlier than they met in particular person.
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