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@cgtneurope
It’s the phone call which announced the beginning of an historic deal between the U.S. and UK.⁣ ⁣ Prime Minister Keir Starmer has been the first to secure an agreement with President Donald Trump, seeing some of the proposed snap tariffs axed, while others were rolled back. ⁣ ⁣ UK car tariffs on exports to the U.S. reduced from 27.5% to just 10 - ‘[saving] thousands of jobs’ and levies on steel were scrapped. ⁣ ⁣ While levies on U.S. beef and ethanol exports have been removed. ⁣ ⁣ But, despite the progress, goods from the UK still face higher export taxes than they were prior to Trump’s tariffs. ⁣ ⁣ ⁣ #usa #uk #trade #tariffs #tradedeal #trump #donaldtrump #keirstarmer #politics #starmer

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    • starmer
    • tradedeal
    • tariffs
    • uk
    • trump
    • politics
    • trade
    • keirstarmer
    • donaldtrump
    • usa