Trump agrees to reduce customs tariffs on cars in the UK, steel and aluminum in a planned business deal

US President Donald Trump has agreed to reduce the customs tariffs on cars in the UK, steel and aluminum in a planned trade deal with Britain, which will buy more American beef and simplify the customs process for commodities from the United States.

The resonance agreement was not completed as a symbol, but he pointed out that Trump was still able to negotiate with other countries after his wide range of customs tariffs stunned fears all over the world of economic shrinkage and higher inflation.

This declaration presented a political victory for the UK Prime Minister Kiir Starmer and a degree of verification of Trump’s allegations that his troubled approach to trade may be able to balance the global economy with its favorite conditions.

The US President talked about agreeing on the correspondents from the Oval Office, even with the accurate printing remaining in the flow.

“The final details are written,” Trump told reporters. “In the coming weeks, we will be very conclusive.”

The president said the agreement will lead to more outputs of beef and ethanol to the United Kingdom, which will also simplify the treatment of American goods through customs. The Minister of Trade, Howard Lottenic, said that the main tariff of 10 percent will remain in place, while UK officials said that the Trump’s car tariff will move from 27.5 percent to 10 percent on a share of 100,000 cars, and import taxes and aluminum aluminum will move from 25 percent to scratch.

Starmer descends the victory deal

Starmer, speaking on the phone to Trump, stressed the importance of the relationship between the two countries, as the anniversary of the second victory in the World War in Europe was celebrated.

“In order to be able to announce this wonderful deal … about the same hour, while we were 80 years ago with the United Kingdom and the United States, I think it is very important,” said Starmer.

The planned deal was the first to have been identified since Trump began his efforts made by a stalled step to re -connect the global economy by increasing import taxes significantly in an attempt to increase local manufacturing. The Republican President soon submitted the customs tariff after returning to the White House, and targeting traditional allies such as the United Kingdom with steel, aluminum and cars.

Trump announced near the global customs tariffs on April 2, then partially retreated after a week and announced that his administration would request individual agreements with various countries during the next few months.

The United States is already running a commercial surplus with the United Kingdom, making it somewhat easier to find a common ground as Trump cleared his definitions specifically from the annual trade deficit with multiple countries that he says has benefited from the United States

New deals have not been reached with Canada, Mexico and China

New deals have not been reached with the largest commercial partners in America, including Canada, Mexico and China. Trump left the highest tariff in China, which sparked a confrontation between the world’s largest economists.

Washington and Beijing are sending officials to Switzerland this week for a first round of commercial conversations.

Trump’s promise on Thursday that there are “many other deals, which are in dangerous stages of negotiation, to continue!”

“The talks with the United States were continuing, and you will hear more of me about this later today,” Starmer said, speaking at a defensive conference in London.

The United States and the United Kingdom aim to conclude a bilateral trade agreement since the British people voted in 2016 to leave the European Union, allowing the country to negotiate independently of the rest of the continent. Boris Johnson, then, described the minister of bullets at the time with a future deal with the United States as a incentive for Braxite.

Negotiations began in 2020, during the first period of Trump. However, the talks did not make great progress during the era of President Joe Biden, a democratic and critic of Braxite. The negotiations have been resumed after Trump returned to his post in January and intensified in recent weeks.

The main goal to reduce and raise import tax on UK cars

The main goal of British negotiators was to reduce or raise import tax on cars and steel in the United Kingdom, which Trump set by 25 percent. The United States is the largest destination for British cars, which represents more than a quarter of the UK car exports in 2024, according to the National Statistics Office.

Britain has also sought exemptions from the customs tariffs of pharmaceutical preparations, while the United States wants greater access to the British market for agricultural products. The Starmer government said it will not reduce food standards in the UK to allow American chicken chicken or hormone -treated beef.

The British government will see as a justification for the Starmer Electrical approach towards Trump, which avoids direct confrontation or criticism. Unlike the European Union, Britain has not announced the revenge definitions of American goods in response to Trump taxes.

The commercial deal with the UK will be symbolic and ease of British exporters. But the agreement will only do a little to address Trump’s main concern about the ongoing trade deficit that led him to impose import taxes on countries around the world.

The United States turned a $ 11.9 billion trade surplus in goods with the United Kingdom last year, according to the American Statistical Office. 68 billion dollars of goods imported by the United States from the United Kingdom last year amounted to only two percent of all imported goods in the country.

The United States is much more important to the UK economy. He was the largest commercial partner in Britain last year, according to government statistics, although the largest part of Britain’s exports to the United States are services instead of goods.

Trump has previously said that his influence in the talks would be consumers in the United States, but it seems that he indicates that the UK will also start buying more US -made goods.

A commercial agreement with the United States is one of the many Starmer’s government to strike. On Tuesday, Britain and India announced a trade agreement three years after negotiations. The UK is also trying to raise some barriers to trade with the European Union imposed when Britain left the bloc in 2020.