Britain has made significant strides in trade this week, announcing a deal with the US to reduce tariffs on auto exports and eliminate duties on steel and aluminium, marking the UK as the first nation to secure a reprieve from Trump’s tariffs. Additionally, a trade agreement with India, focusing on lowering duties on over 90% of British goods, aims to strengthen ties with a rapidly growing economy, despite its limited impact on the UK’s long-term GDP. However, both deals are viewed as insufficient for driving substantial economic growth, underscoring the need for further development and stronger ties with the EU.
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The EU doesn’t need a deal with Trump
Ursula von der Leyen is meeting Donald Trump in Scotland to discuss trade as tariff deadlines approach, drawing insights from her recent summits with Japan and China. The article argues that the EU should not concede to US pressures, highlighting the unpredictable nature of Trump's negotiations and suggesting that both the US and EU have more to lose than appears. Want More Context? 🔎
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