At the G7 summit in Canada, UK Prime Minister Keir Starmer and US President Donald Trump signed a UK-US trade agreement, focusing on aerospace and automotive sectors. Aerospace exports from the UK will now face zero US tariffs, while auto tariffs drop from 25% to 10%.
“Because I Like Them”: Trump Explains UK’s Tariff Protection
Steel tariffs remain at 25%, with future reductions tied to concerns over Chinese ownership of British Steel. Trump, mistakenly calling it a deal with the EU, praised Starmer’s leadership and emphasized that UK protection from tariffs stems from his personal liking.
The agreement marks the UK’s strongest US trade breakthrough in recent years.
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