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US-UK trade deal: How are Trump’s global tariff talks shaping up? | International Trade News

8 May 2025
in World
US-UK trade deal: How are Trump’s global tariff talks shaping up? | International Trade News
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President Donald Trump is set to announce a US-UK trade deal framework, marking his first agreement since imposing tariffs on numerous countries. The proposed deal may involve reducing US tariffs on steel and cars while the UK would lower its digital services tax and tariffs on US goods. While both governments may tout the agreement as a significant achievement, it is largely aimed at reverting to prior trade conditions, with the potential to influence future negotiations with other countries.

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Tags: Automotive IndustrydealEuropeglobalInternationalInternational tradeManufacturingNewsServices IndustriesshapingTalkstarifftradeTrade WarTrumpsUnited KingdomUnited StatesUS & CanadaUSUK
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