Trump's week in review: UK trade deal, illegal immigration crackdown, American pope
- On Thursday, May 8, 2025, President Donald Trump announced a new trade agreement between the United States and the United Kingdom during an event held in Washington, D.C.
- The agreement came after attempts to resolve tariff disagreements, yet a standard tariff of around 10% still applies to the majority of goods imported from the U.K.
- The agreement expands market access for American beef and ethanol, removes tariffs on steel and aluminum, and reduces U.K. Vehicle export tariffs to 10%.
- At a White House event, Howard Lutnick, the U.S. Commerce Secretary, highlighted that the 100,000-vehicle quota at a 10% tariff rate captures nearly all British car exports, and that Britain is set to purchase $10 billion worth of Boeing aircraft.
- This trade deal partially lowers U.S.-U.K. Tariffs, maintains some barriers, and could become a model for future U.S. Agreements with other countries.
19 Articles
19 Articles
President Trump inks trade deal with UK, previews trade negotiations with China #Canadian #Canada #CDN
President Donald Trump and his administration inked a major trade deal with the U.K. Thursday, and closed the week gearing up for trade talks with China over the weekend. Details of the specific trade plan with the U.K. are sparse, but the deal keeps the existing 10% tariffs in place against U.K. goods while removing some import taxes on items like steel and cars. “With this deal, the U.K. joins the United States in affirming that reciprocity …
Trump Unveils Groundbreaking Trade Deal with the U.K. Amid Market Turmoil!
New Trade Agreement Between the U.S. and U.K.: A Fresh Chapter in Economic Relations In a pivotal progress for global commerce, former President Donald Trump has unveiled a groundbreaking trade agreement wiht the United Kingdom. This marks the first meaningful accord since his management’s tariff policies created turbulence in international markets. The new deal is [...]
Trump inks trade deal with UK, previews China trade negotiations during 16th week in office | Fox Wilmington WSFX-TVAccessibility ToolsIncrease TextDecrease TextGrayscaleHigh ContrastNegative ContrastLight BackgroundLinks UnderlineReadable FontReset
President Donald Trump and his administration inked a major trade deal with the U.K. Thursday, and closed the week gearing up for trade talks with China over the weekend. Details of the specific trade plan with the U.K. are sparse, but the deal keeps the existing 10% tariffs in place against U.K. goods while removing some import taxes on items like steel and cars. “With this deal, the U.K. joins the United States in affirming that reciprocity …
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