US, UK to announce intent to launch formal talks to resolve trade dispute over steel, aluminum tariffs – Reuters
|The US and UK trade teams are expected to announce intent on Wednesday to launch formal talks to resolve trade disputes over steel and aluminium tariffs, Reuters reports, citing a source familiar with plans.
US Commerce Secretary Gina Raimondo and UK Trade Secretary Anne-Marie Trevelyan will meet Wednesday to discuss the same, the source added.
Market reaction
GBP/USD catches a fresh bid on the above headlines and recaptures 1.3600, currently trading at 1.3604, up 0.07% on the day.
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