A newly announced trade deal between the UK and the US, timed to coincide with VE Day, provides some relief amid tensions, easing tariffs on cars, steel, and aluminum. Although the deal is precarious – as President Trump can easily retract it – it is expected to save jobs that were under threat due to previous tariffs. UK farming has sidestepped the worst scenarios involving US meat products, and prominent figures compare the moment to historical wartime alliances, emphasizing a fragile but hopeful partnership between the nations.
The easing of arbitrary tariffs on cars, steel and aluminium falls far short of being an actual trade deal, as the president could rip it up again.
Rachel Reeves seems to have managed to hang on to her digital services tax, while it could have been infinitely worse for British farming.
No chlorine-washed chicken or hormone-injected beef would flood the market; it could have been worse for British farmers regarding US meat.
Keir Starmer laid on the Churchill comparisons, unveiling the deal on the same day as Victory in Europe was declared 80 years ago.
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