Trump and British Prime Minister Starmer signing a commercial deal to reduce the tariffs on cars and space – but steel is still in discussion

The husband spoke with correspondents in A group of seven summit In the Canadian Rocky, with Trump, he is waving the pages of what he said was a long -awaited agreement. However, the driver was not soft, as Trump dropped the papers and said at the beginning that his administration reached an agreement with the European Union when it meant the United Kingdom.

However, the president insisted that the agreement is a “fair deal for both” and “a lot of jobs and a lot of income will happen.

Trump said, “We have just fell on it, and this was done.”

Starmer said that this means “a very good day for both of our calamity, which is a real sign of strength.”

Importing an important agreement as Trump did Many of the world threatened with very imported import definitions Which sparked unstable markets and sparked the possibility of a global trade war.

Since then, many of the fees proposed to him have declined, but he also continued to point out that administration officials were negotiating new on new trade agreements with dozens of countries – although few had already been achieved.

“The UK is well protected” from the definitions, “Trump said. “You know why? Because I love them.”

The signature of the deal is followed in the 7 Trump and Sarmer Group Announcement in May They have reached a commercial framework that would cut import taxes on British, steel and aluminum vehicles in exchange for increasing access to the British market for American products, including beef and ethanol.

But the Monday agreement completely covers British cars and space materials, with more steel work.

The British government said that the new agreement removes the American tariff on space products in the UK, which gave Britain from Britain by 10 % of the White House Trump, which it sought to impose on all other countries-a batch of British companies, including the Rolls-Royce engine maker.

It also determines the tax on British cars by 10 % from the end of the month, a decrease from the current 27.5 %, to a share consisting of 100,000 vehicles annually.

UK’s Business and Trade Minister Jonathan Reynolds said the deal protects “jobs and livelihoods in some of our most vital sectors.” “Wonderful news of the UK automobile manufacturer.”.

But there was no final agreement to reduce British steel tax to scratch as expected in the first place – it is seen as vital to maintaining the UK’s besieged steel industry. Britain’s steel production decreased by 80 % since the late 1960s due to high costs and rapid growth of cheaper Chinese production.

On Monday, an agreement embodies the conditions of the framework that was announced in May. This framework was not immediately applied, leaving British companies unsteak if the UK could be exposed to any sudden rise from Trump.

British companies, and the UK government, were earlier this month when Trump doubled the definitions of minerals on countries around the world to 50 %. He later explained that the level will remain 25 % for the United Kingdom

After the two leaders spoke, the White House issued a statement seeking to clarify matters, saying that with regard to steel and aluminum, Trade Minister Howard Lootnick will determine a share of products that can enter the United States without being subject to “the previous definitions imposed by the Trump administration.

The British government said on Monday that the plan is still a “0 % tariff for basic steel products as agreed.”

Trump’s executive matter contained the deal, which guarantees several references to the security of supply chains, reflecting the American administration’s concerns about China. She said that the United Kingdom “is committed to working to meet the US requirements about the security of supply chains for steel and aluminum products for export to the United States.”

The UK said that there was no final deal on medicines, as “work will continue.”

The deal signed on Monday also confirms that American farmers can export 13,000 metric tons (29 million pounds) of beef to the United Kingdom every year, and vice versa-although the British ban on hormone-treated beef is still in place.