Europe EditionUS and UK expected to announce deal to reduce tariffs
- President Donald Trump announced a "full and comprehensive" trade deal between the United States and the United Kingdom, marking the first agreement since new tariffs were imposed earlier this year.
- The deal is expected to include lower tariffs on cars and British steel, aiming to reduce a 25 percent tariff on imports.
- Trump described the agreement as a milestone that would "cement the relationship between the United States and the United Kingdom for many years to come."
- Details of the deal are still pending, with further information expected during a news conference at the Oval Office.
483 Articles
483 Articles
President Trump and UK Prime Minister Keir Starmer Announce Historic Trade Deal
President Trump on Thursday announced his first trade deal over tariffs and reciprocal trade with the United Kingdom. “With this deal, the UK joins the United States in affirming that reciprocity and fairness is an essential and vital principle of international trade,” Trump said while announcing the agreement. “In addition, the UK will reduce or eliminate numerous non-tariff barriers that unfairly discriminated against American products.“ UK …
Trade agreement between the US and the UK finalized
The US and the UK have reached a preliminary trade agreement. The agreement concerns, among other things, tariffs on agricultural products. A step in the right direction – but at the same time we are getting a "fragmented patchwork", says Business Sweden's chief economist.
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