US EditionUK Automakers Cheer US Trade Deal, as Steel Tariffs Left in Limbo
- The UK secured significant tariff reductions under a new trade deal with the US, signed by Prime Minister Keir Starmer and President Donald Trump at the G7 summit in Canada.
- UK automotive exports will now face a reduced tariff of 10%, down from 27.5%, while aerospace goods will have eliminated tariffs entirely.
- However, the deal does not resolve long-standing steel tariff disputes, with UK steel exports still facing a 25% levy.
- Starmer called the agreement 'a very good day for both of our countries,' marking a critical step in US-UK economic relations.
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Key West Citizen+8 Reposted by 8 other sources
UK automakers cheer US trade deal, as steel tariffs left in limbo
Britain's auto sector on Tuesday welcomed news that the United States and UK have agreed to implement key parts of their tariff-cutting trade deal, as levies on steel remain.
·Key West, United States
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The WTO promised boundless growth and became the most hated organization in the world on the left. Now nothing threatens it – because of a right. The historical view ahead.
·Zürich, Switzerland
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Trump tariff: UK becomes first to secure trade deal with US; autos, aerospace gain
One major sticking point remains tariffs on British steel and aluminum. Though Britain had temporarily avoided the 25 per cent tariffs levied on other nations earlier this month, a quota-based exemption system is now being proposed.
·Uttar Pradesh, India
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Total News Sources21
Leaning Left2Leaning Right4Center2Last UpdatedBias Distribution50% Right
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- 50% of the sources lean Right
50% Right
L 25%
C 25%
R 50%
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