Trump, Starmer announce historic UK-US trade deal
Trump, Starmer announce historic UK-US trade deal

Trump, Starmer announce historic UK-US trade deal

News summary

The United States and the United Kingdom have announced a historic trade agreement, marking the first bilateral pact since the imposition of broad tariffs by President Donald Trump. The deal significantly reduces U.S. tariffs on British cars from 27.5% to 10% and eliminates levies on steel and aluminum, while the UK will remove tariffs on U.S. ethanol imports. Both leaders highlighted the timing of the announcement on the 80th anniversary of Victory in Europe Day, symbolizing a strengthened special relationship. Prime Minister Keir Starmer emphasized the deal's potential to boost trade, protect and create jobs, and praised the professionalism of the negotiating teams. President Trump noted increased market access for American agricultural products such as beef and ethanol and promised expedited customs processing for U.S. goods entering the UK. While the final agreement details are still being finalized, the deal is seen as a diplomatic and economic win for both nations, reinforcing principles of reciprocity and fairness in trade.

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