The Latest Breaking News from Washington D.C.

The Chancellor has travelled to the US capital for the International Monetary Fund (IMF)’s spring meetings.

US President Donald Trump on Wednesday played up prospects of a "fair deal" on trade with China, but his top officials offered few details of how Washington might de-escalate its damaging tariff war with Beijing.

Andrew Bailey said the central bank is currently ‘working through’ the implications of US President Donald Trump’s tariff plans.

Editorial: Washington, like Moscow, prefers bilateral talks to a wider diplomatic process. Kyiv and other European governments are rightly alarmed

Chancellor says UK is ‘not going to rush a deal’ and rejects new US demands on agricultural products

The chancellor is in Washington DC as pressure mounts over dire IMF predictions of the effect on Britain’s economy if Trump goes ahead with his tariffs

Disagreements between Brussels and Washington continue to deepen amid growing US pressure to strike a deal to end Russia's war on Ukraine.

Watch again as chancellor Rachel Reeves gave a speech on the UK economy at the International Monetary Fund in Washington DC on Wednesday (23 April).

U.S. markets opened with big gains Wednesday amid clear signs of relief after President Donald Trump said he would not attempt to fire the head of the Federal Reserve and Treasury Secretary Scott Bessent said he expects a “de-escalation” from unsustainable tariffs against China in the trade war between the…

The leadership in Washington is said to have been angered by Ukraine’s refusal to cede territory to Russia, as Kyiv reiterated once again that there are no peace talks before a complete ceasefire.

NEWS ANALYSIS: As Rachel Reeves prepares for a career defining speech in Washington DC, political editor David Maddox looks at the competing forces turning her dreams of economic growth into a nightmare