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Trump, Starmer hail limited US-UK trade deal, but 10% duties remain

  • On May 15, 2025, US President Donald Trump and UK Prime Minister Sir Keir Starmer announced a limited bilateral trade deal between their countries.
  • The deal followed Trump's April tariffs and was shaped by prior US tariff increases, leaving Britain with a 10% tariff on car exports and ongoing trade tensions.
  • The agreement reduced tariffs from 27.5% to 10% on British car imports, eliminated rates on steel and aluminium, and modestly expanded agricultural market access for both sides.
  • The US bought nearly £60 billion of UK-made products in 2024, over 16% of UK exports, and both countries have £1.5 trillion invested, supporting 2.5 million jobs, according to official reports.
  • While hailed as a breakthrough, critics said the deal leaves Britain worse off than before, maintains key tariffs, and requires further negotiations on issues like the digital services tax.
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Foreign Policy broke the news in United States on Thursday, May 8, 2025.
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