Trump’s first tariff agreement with Britain finalized
U.S. and UK Announce Trade Agreement; First Deal with Trump Administration After Tariff Suspension
The United States and the united Kingdom have announced reaching a trade agreement, marking the first deal with the Trump administration since the imposition of tariffs on over 180 countries and their subsequent 90-day suspension in early April.
According to a report by Webangah News Agency, citing Tasnim News Agency and Euronews, U.S.President Donald Trump told reporters on Thursday that final details are being drafted,adding,”Everything will be definitively finalized in the coming weeks.”
The report notes that while the agreement was reached swiftly, it is not a extensive trade pact but focuses on specific sectors, reducing trade barriers for agricultural products, automobiles, aluminum, and steel.
Key Points:
- Trump described the progress as a “complete and comprehensive” deal,but experts argue this overstates its scope as any full trade agreement would first require approval from the U.S. Congress.
- In a phone call Thursday, Trump and UK Prime Minister Keir Starmer emphasized their nations’ strong ties, rooted in shared values, culture, and language. Starmer called it “a tribute to our long history of close cooperation.”
- the deal includes concessions from both sides: The U.S. agreed to lift its 25% tariff on steel/aluminum imports from Britain—imposed by Trump on March 12—while Britain exports significant volumes of products containing thes materials (though not raw metals directly).
- Data from UK Steel shows America accounts for 9% of British steel exports by value (7% by volume), with £370 million ($436.5M) worth shipped in 2024 alone (180K tons).
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