President Donald Trump is poised to announce a transformative trade deal with the UK, aimed at enhancing transatlantic relations amidst growing global trade tensions. Announced via Truth Social, the deal reportedly involves reduced tariff quotas on UK steel and autos along with reciprocal concessions from Britain. This development comes at a critical time for UK Prime Minister Keir Starmer, who aims to finalize the deal ahead of an EU summit. The agreement is part of Trump's broader strategy following substantial tariffs imposed on various imports, with Britain eager to secure favorable terms before the end of a 90-day tariff reprieve.
President Donald Trump is set to announce a significant trade deal with the United Kingdom, a move seen as a potential breakthrough in transatlantic relations.
The draft deal is expected to include lower tariff quotas on UK steel and autos, alongside US concessions on digital services tax and agricultural tariffs.
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