Trump, Starmer hail limited US-UK trade deal, but 10% duties remain
- On May 8, 2025, President Donald Trump announced a preliminary trade agreement with the UK, marking the US's first such deal since new global tariffs were imposed and later paused.
- British Prime Minister Keir Starmer praised the agreement as an 'incredible platform for the future' and a 'truly historic' deal between the two nations.
- The US-UK Economic Prosperity Deal aims to lower tariffs and enhance trade in sectors such as digital commerce and green technology, while maintaining a 10% tariff on some goods.
- The deal cuts tariffs on specific British goods, while maintaining a 10% tariff on other imports.
142 Articles
142 Articles
Economic planet: An agreement with English
The United Kingdom has desperately needed friends since its acrimonious divorce with the rest of Europe in 2020. Since then, the country has been trying to conclude trade agreements with the rest of the world, with mixed success.
British ambassador says he has "absolute confidence" in the U.S.-U.K trade deal
After President Trump and U.K. Prime Minister Keir Starmer announced on Thursday a trade deal between the two countries, Peter Peter Mandelson, the British ambassador to the U.S., tells "Face the Nation with Margaret Brennan," that he has "absolute confidence that they'll see it through."
Views from the nation’s press
The Chicago Tribune on how with Trump stuck on tariff repeat, UK and India make a big, beautiful deal: The greenback sank against the British pound Tuesday as the United Kingdom signed a new, tariff-busting trade deal with India that is a prime new example of how countries around the world can work around the United States and its tariff-obsessed president. India and the United Kingdom are the fifth and sixth largest economies in the world and I…
José M. de Areilza: London shows the way
Five weeks after Donald Trump proclaimed the day of liberation and flooded the world of tariffs, the United Kingdom has been able to negotiate a principle of agreement against the protectionist tsunami. The so-called "Economy Prosperity Pact between the United States and the United Kingdom" is a starting point for selective reopening of the American market. It proposes negotiating exceptions to tariffs on steel and aluminium, later on on pharmac…
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