Rachel Reeves emphasizes the importance of Britain’s trading relationship with Europe over that with the US, advocating for a reset in EU relations, including a youth travel scheme and alignment with EU rules to reduce trade barriers. As she prepares for discussions in Washington, Downing Street clarifies that both the EU and US are vital trading partners, with the EU accounting for 41.2% of British exports in 2023. The upcoming May 19 summit aims to establish a new EU-UK defense pact and negotiate a package of measures including youth mobility, food trade, and fishing agreements.
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