'So good for both countries': Trump touts new UK trade pact
- President Donald Trump and UK Prime Minister Keir Starmer announced a reciprocal trade agreement on May 8, 2025, to reduce tariffs between both countries.
- The agreement followed Trump's April 2 announcement of broad tariffs on over 70 countries, then paused for 90 days to allow negotiations with allies including the UK.
- The deal lowers tariffs on British automobiles up to 10% from 25%, creates a steel and aluminum trade zone, and expands US market access for agricultural and industrial products.
- Trump called this deal the "first in a series of agreements," citing $6 billion in external revenue and $5 billion in new US export opportunities as key benefits.
- The agreement signals closer US-UK economic and security ties, but experts note that high baseline tariffs remain and full details are still being finalized over upcoming weeks.
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United States signs first customs agreement with United Kingdom
Presented on Thursday 8 May, the trade agreement signed between London and Washington allows the United Kingdom to reduce US customs duties, particularly on cars, in return for a wider opening to American agricultural products.
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Read Full ArticleTrade agreement between London and Washington: a "historical day" for some sort of agreement
The tariff agreement announced by Donald Trump with the United Kingdom congratulates the British Prime Minister, but the trade war declared by Washington to the rest of the world is not extinguished.
·Paris, France
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Leaning Left10Leaning Right5Center3Last UpdatedBias Distribution56% Left
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R 28%
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