Chancellor Rachel Reeves has signalled the UK could lower tariffs on US car imports as she tries to broker a trade deal with the Trump administration. Reeves said she wants “to see tariff and non-tariff barriers reduced between the UK and the US”. The UK is seeking to lower trade taxes imposed by President Donald...
Lily Jamali Reporting fromSan Francisco Reuters Tesla boss Elon Musk says he will cut back his role in the Trump administration as the company’s profits and revenues plunged during the first three months of the year. Sales slumped and the brand has faced backlash as Musk became a political fixture in the White House. On...