British Chancellor of the Exchequer Rachel Reeves stated on Thursday that the United Kingdom does not wish to escalate the trade tensions stemming from United States President Donald Trump’s newly announced tariffs. Speaking to Sky News, Reeves responded to Trump’s declaration of a 25% tariff on all cars manufactured outside the U.S., set to take effect on April 2.

"Trade wars are no good for anyone. It will end up with higher prices for consumers, pushing up inflation after we've worked so hard to get a grip of inflation, and at the same time, will make it harder for British companies to export," Reeves said. She stressed the UK’s focus on maintaining economic stability and avoiding policies that could harm growth or trade relations.

Reeves emphasized that London is “looking to secure a better trading relationship with” its international partners, though her statement was cut short during the interview. Her comments signal a clear preference for diplomacy and negotiation over retaliatory trade measures.

The chancellor’s remarks reflect broader concerns among global leaders and economic officials about the potential fallout from Trump’s protectionist trade moves. With tensions already rising among key U.S. allies, including Canada, the EU, and Japan, the UK’s position appears aimed at avoiding further disruption in the post-Brexit economic landscape.

As the April 2 implementation date approaches, policymakers in London and beyond are expected to monitor developments closely, weighing responses that safeguard their economic interests while preventing a full-blown trade conflict.