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flag US plans to cut UK's car tariffs to 2.5%, UK considers reciprocating to forge trade deal.

flag The US plans to negotiate a reduction in the UK's 10% automotive tariff to 2.5%, according to a draft document from the Trump administration. flag British Finance Minister Rachel Reeves will meet with US Treasury Secretary Janet Yellen to discuss potential trade deals. flag Reeves suggests the UK might lower tariffs on US car imports to secure a beneficial trade agreement, shifting focus from just mitigating tariff impacts. flag Details of the proposed changes remain unclear.

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