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Starmer and Trump Announce Historic US-UK Trade Deal Scrapping Steel Tariffs, Cutting Car Tariffs to 10%, Boosting Jobs

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Starmer and Trump Announce Historic US-UK Trade Deal Scrapping Steel Tariffs, Cutting Car Tariffs to 10%, Boosting Jobs

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  • Reuters
  • UK Prime Minister
  • Agence France-Presse

19 posts GPT (4.1 mini)

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On May 8, 2025, UK Prime Minister Keir Starmer and US President Donald Trump announced a historic trade deal aimed at strengthening economic ties between the two countries. The agreement includes the removal of US tariffs on British steel and a reduction of car tariffs from 27.5% to 10%, measures expected to protect and create jobs across both nations. Starmer described the deal as a platform to boost trade, support British businesses, and open new market access, particularly highlighting benefits for workers, families, and the technology sector. Both leaders emphasized the reinforcement of the special relationship between the UK and the US, citing shared values, culture, and language. The deal marks the first US-UK trade agreement since the onset of Trump's global trade war and is seen as a key step in alleviating the impact of previous tariffs that disrupted the global economy.

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Sources

    Yahoo Finance
    Yahoo FinanceTwitter verified badge
    @YahooFinance

    "This deal between our two great countries ... is going to boost trade," UK PM Starmer told President Trump on Thursday. "It's going to not only protect jobs, but create jobs, opening market access." https://t.co/17lzFPUemq

    euronews español
    euronews español
    @euronewses

    Donald Trump and Keir Starmer highlighted the strong relationship between their two countries, united by common values, culture and language. https://t.co/lNwr3r8yPB

    euronews
    euronewsTwitter verified badge
    @euronews

    Donald Trump and Keir Starmer emphasised the strong relationship between their two countries, bonded by shared values, culture and a common language. https://t.co/x6N6zX3VPQ

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