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 announced a planned trade deal with Britain in Washington to cut tariffs on autos, steel, and aluminum.
- The agreement follows years of negotiations that resumed during Trump's recent term after Brexit allowed the U.K. to independently negotiate trade outside the EU.
- The deal reduces British car export tariffs from 27.5% to 10% on 100,000 vehicles and removes steel and aluminum tariffs from 25% to zero, while preserving UK food standards.
- Trump called this a "breakthrough trade deal" and said the U.K. would join the first "economic security alignment" with the U.S., while Starmer hailed it a "historic day".
- The deal provides a political win for Starmer, promises to protect thousands of jobs, and signals further trade talks, though key terms remain incomplete and global trade tensions continue.
537 Articles
537 Articles
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.
Trump: Trade Deal with UK to ‘Dramatically’ Increase US Ethanol, Beef Exports
President Donald Trump from the Oval Office announcing the framework for a trade deal with the United Kingdom that he says will “dramatically” increase U.S. ethanol and beef exports. President Trump has announced that a new trade deal with the United Kingdom (UK) is nearly completed, and says it will provide a boost for American agriculture. “They say that our agriculture is, you know, second-to-none, and it’ll be a great asset. People are going…
The Chinese and US delegations are maintaining the first round of contacts to litigate the trade war this weekend in Geneva. More information: Trump eliminates steel and aluminium tariffs in his trade agreement with the United Kingdom and reduces car tariffs to 10%.
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…
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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
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