Trump LOWERS Tariffs on UK As Trade Deal Sealed, But Steel & Aluminum Tensions THREATEN Fallout
Video Credit: Oneindia - Duration: 03:02s - Published
Trump LOWERS Tariffs on UK As Trade Deal Sealed, But Steel & Aluminum Tensions THREATEN Fallout
At the G7 Summit in Canada, President Trump and British PM Keir Starmer announced a new trade agreement lowering some tariffs on U.K. goods.
The deal removes duties on aerospace products and offers British carmakers a 100,000-vehicle quota at reduced rates.
However, steel and aluminum remain sticking points, with potential tariffs looming if security terms aren't met by July 9.
While the U.K. celebrates gains in auto and aerospace, questions linger over construction and defense-linked steel exports.
The U.S. will also gain beef export access under strict food safety rules.
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