The UK is hoping a deal can help stave off the full brunt of US President Donald Trump’s sweeping 10 tariffs on all goods imported to the US.

The chancellor of the exchequer, often just called the chancellor, is a member of parliament (MP) chosen by the prime minister to make decisions about how the government spends and raises money.

Reeves, whose official title is Chancellor of the Exchequer, has partly sought to fill that hole with measures to rein in tax avoidance and tax evasion, and by lowering the day-to-day costs of ...