Trump, Starmer Sign US-UK Trade Deal At G7
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President Donald Trump and British Prime Minister Keir Starmer signed a bilateral trade agreement Monday at the G7 Summit, formally reducing tariffs on select sectors while leaving critical steel and aluminum import quotas undetermined.
The deal leaves intact Trump’s new 10% baseline tariffs, but allows limited exemptions from Trump’s 25% tariff on foreign-made cars and 50% tariffs on steel and aluminum.