US will aim for UK to cut its automotive tariff from 10% to 2.5%, WSJ reports

British finance minister Rachel Reeves is due to meet Treasury Secretary Scott Bessent this week to push Britain's case for a trade agreement with Washington that could lower or eliminate the tariffs imposed by Trump on UK exports. Washington is preparing its terms for trade negotiations, aiming for London to reduce levies and other non-tariff barriers on a variety of goods, the report said, adding the Trump administration also aims to push for more relaxed rules on U.S. agricultural imports, including beef.