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What Trump’s agreement with the U.K. suggests about trade talks with Canada

  • On Thursday, May 8, 2025, in Washington, D.C., U.S. President Donald Trump and U.K. Prime Minister Keir Starmer jointly revealed a preliminary trade agreement between their two countries.
  • The deal follows Trump's April launch of reciprocal tariffs and aims to resolve disputes, though many terms remain unclear and the agreement is not finalized.
  • The agreement would remove tariffs on steel and aluminum, maintain a standard 10% tariff on most U.K. imports to the U.S., and lower automobile tariffs to 10% for up to 100,000 vehicles.
  • Fen Osler Hampson, a professor at Carleton University, noted that the agreement demonstrates the Trump administration’s willingness to engage in negotiations, suggesting a readiness to reduce tariffs rather than completely remove them.
  • The deal signals a possible approach to trade talks with Canada, where tariffs may remain despite ongoing negotiations under the Canada-U.S.-Mexico Agreement review.
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The Hub broke the news in on Thursday, May 8, 2025.
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