Trump signs order confirming parts of UK-US tariff deal

Natalie Sherman and Chris Mason reported on the recent developments between President Donald Trump and Prime Minister Sir Keir Starmer during the G7 summit in Canada. President Trump signed an executive order to reduce tariffs on UK cars being shipped to the US, which is part of a larger tariff deal between the two countries. This move was praised by Prime Minister Starmer as a “very important day” for both nations, following weeks of negotiations to protect British businesses from the impact of Trump’s tariffs.

Despite the progress on car tariffs, the deal still includes a 10% levy on most UK goods, with no resolution on the removal of charges on steel imports. The pact, announced last month, is the first kind of agreement made by the White House since imposing tariffs on various goods entering the US earlier this year. Trump’s actions to raise taxes on imports were aimed at boosting American-made goods but caused financial turmoil globally, affecting industries in the UK like car manufacturers and steelmakers.

In the executive order, Trump indicated that up to 100,000 cars can enter the US at a reduced 10% tariff. However, details are still pending on the treatment of steel and aluminum imports. Despite the uncertainties, the UK government remains optimistic about further progress towards reducing tariffs on core steel products. Additionally, tariffs on certain aerospace products have been lifted under the agreement, a move that Starmer described as a “sign of strength” between the two nations.

The US-UK tariff deal, set to take effect within seven days, has been welcomed by industry representatives like Mike Hawes and government officials including Trade Secretary Jonathan Reynolds. The agreement is seen as a step towards easing the burden on UK businesses and fostering stronger trade relations. While some critics have downplayed the deal, calling it a “tiny tariff deal,” the UK government remains committed to upholding food safety standards and ensuring any US beef imports comply with regulations

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