US EditionTrump agrees to cut tariffs on UK autos, steel and aluminum in a planned trade deal with Britain
- On May 8, 2025, U.S. President Donald Trump and UK Prime Minister Keir Starmer announced a tentative trade deal reducing tariffs on autos, steel, and aluminum.
- The deal follows Trump's March tariff impositions aimed at protecting U.S. Manufacturing and national security, while the UK seeks independent trade post-Brexit.
- Under the agreement, U.K. Auto tariffs will drop from 27.5% to 10% on 100,000 vehicles, steel and aluminum tariffs will be eliminated, and Britain will ease tariffs on U.S. Agricultural goods.
- Trump described the deal as 'historic' and said it aligns the U.K. Economically with the U.S., aiming to boost exports and protect thousands of jobs in both countries.
- The agreement signals strengthened U.S.-U.K. Economic ties but maintains a 10% general tariff on British imports and leaves full details subject to further negotiation.
518 Articles
518 Articles
Customs: The first deal with Trump stands – the success of the British really is that big
Following the brilliant tariff threats in April, Britain was the first nation to conclude a new trade agreement with the United States. Trump and British Prime Minister Starmer praised the deal. However, the reaction of another authority is significant.
A trade "deal" was closed, 199 more to go
Analysis by David Goldman, CNN US President Donald Trump has finally reached his first trade deal. Well, not exactly a “deal” per se. More like the concept of a plan: a framework for US-UK negotiations to be conducted between the two countries over the coming months or years… to craft a potential future trade agreement… that may or may not prove more beneficial to the US than the current trade situation. Nevertheless, a win is a win, and this is…
Channel News Asia
The Straits TimesUS stocks rise after Trump announces UK trade deal
NEW YORK: Stock markets mostly rose on Thursday (May 8) as US President Donald Trump unveiled a trade deal with Britain, boosting hopes for other countries' tariff negotiations. After the tu
Trump unveils UK trade deal, first since tariff blitz
WASHINGTON, United States — US President Donald Trump and British Prime Minister Keir Starmer unveiled a “historic” trade agreement Thursday. This is Trump’s first deal with any country since he unleashed a blitz of sweeping global tariffs. The deal will see Washington lower tariffs on British luxury cars and lift them entirely on steel and aluminum. However, a 10-percent baseline levy on British goods stays in place. Trump announced the deal wh…
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