From chicken to cars: What you need to know about the UK’s deal with Trump
US President Donald Trump gets a reaction from UK ambassador to the United States Peter Mandelson as they take questions from the media in the Oval Office (Evan Vucci/AP) (AP)
UK Prime Minister Keir Starmer and US President Donald Trump have reached a historic trade agreement, reducing tariffs imposed by Trump's "Liberation Day" policy.
The deal cuts US tariffs on UK cars from 27.5% to 10% for up to 100,000 vehicles and eliminates tariffs on steel and aluminum. The UK will scrap its tariff on US ethanol.
While hailed as a significant achievement by Starmer and Trump, the deal is not a full free trade agreement and focuses on specific industries.
The agreement follows the UK's recent trade deal with India and precedes an anticipated agreement with the EU.
Despite the positive development, critics point out that the new terms are still less favorable for the UK than before Trump's presidency.