The Prime Minister claims that Britain is now in a better position to trade than any other country in the world.
Rachel Reeves said the UK's economic growth is escalating as the country's three most recent trade deals are consistent with the United States, India and the European Union.
Reeves suggested the government hopes to further reach a new deal with the EU, but told the BBC that its trade deal with Gulf countries, including Saudi Arabia and Qatar, would be the "next deal".
She told the BBC that the UK “don’t want trade negotiations with China”, although she had previously said she wanted to establish a long-term relationship with the country.
On Monday, the UK and the EU reached a deal in multiple areas including fishing, trade, defence and energy, marking the largest deal since the UK left the trading group in 2020 after the Brexit vote.
The London summit comes after the government reached a trade deal with India, making it easier for British companies to export whiskey, cars and other products to the country and reduce taxes on Indian clothing and footwear exports.
The administration has also reached a deal with U.S. President Donald Trump to reduce tariffs on certain goods between countries.
Reeves described the recent trade deal as “appearing like a bus” and hints at expectations for UK growth forecasts.
“In terms of deals with these countries, the UK is better than any other country in the world,” she said.
"To date, the first and best deals with the United States, we have reached the best deals in any country outside the EU, and we have reached the best trade agreement with India," Reeves added.
“Not only are these important in themselves, but they also show that the UK is now a place for investment and business as we have reached priority deals with the largest economies around the world.”
The Prime Minister told the BBC another agreement with the Gulf nation was the "next deal" and the government reached an agreement with the six-member Gulf Cooperation Council, including Saudi Arabia, the UAE and Qatar.
In talks with the United States and India, the government appears to have an EU, considering the EU, the UK’s largest trading partner.
As part of the deal with the EU, checks for UK food exports have been reduced in exchange for current fishing rules.
Reeves said British officials have made it clear to the Trump administration and India that food standards are not willing to trade.
"We have increased the quota for importing beef from the United States, which is still a high standard we are proud of ourselves, partly because the standards are important to us, and it is also because we want to reach this agreement with the EU, which is by far the largest market for agriculture and fishing in the UK."
But while the government has called the recent trade agreement a victory, some opposition parties have criticized Reeves and Prime Minister Sir Kyle Starmer in exchange for some concessions.
Conservative leader Kemi Badenoch said the latest EU deal brings Britain backward, after saying the country has been “stand up” in the U.S. tariff agreement.
Last week, the latest official data showed that the UK economy grew 0.7% in the first three months of the year, and the prime minister gained a boost last week.
Growth is larger than expected, but it is not expected to continue.
The government has made economic development a top priority in order to improve living standards. Higher growth rates usually mean people get a little higher salary and can spend more work, while corporate investments create more work.
Reeves believes that the UK's growth forecast may be improved due to better numbers, but economists have warned us of tariffs and the Prime Minister's decision to raise national insurance for employers could hit the economy.
"We forecast growth of 1% this year and we're 0.7% in the first quarter and they will take into account the new trade deals that have been secured," she said.