Browsing: UK-US trade deal

TL;DR The US has exempted the UK from proposed trade tariffs on pharmaceuticals, easing prior concerns over export charges from…

The long-awaited UK-US trade deal officially came into force, reducing tariffs on UK exports to the US and strengthening transatlantic economic ties.

At the G7 summit in Canada, UK PM Keir Starmer and US President Donald Trump inked a bilateral trade deal covering the aerospace and automotive sectors.

Tuesday’s UK headlines are dominated by the ongoing backlash after a report into grooming gangs in the UK was released. The media is reading through the 197-page audit, and reacting to the details. The UK government has announced a full national inquiry to begin soon.

Global news takes centre-stage in the UK this morning, as Prime Minister Keir Starmer signed the UK-US trade deal with Donald Trump at the G7 summit in Canada. The agreement removes tariffs on UK aerospace exports and cuts tariffs on British cars from 25% to 10%. The US president said the UK is ‘protected’ because he likes them.

There’s good news for British Steel which has secured a five-year contract worth £500m to supply train tracks for Network Rail.

MPs are debating on a law change aimed at decriminalising abortion in the House of Commons today. MPs are usually given a free vote on abortion, meaning they do not have to follow any party line on the subject.

Donald Trump has left the G7 summit early as the cross-border attacks between Israel and Iran continue to escalate. Israel is targeting Iran’s energy sector, which Iran says is a war crime. Trump leaving the Middle East so abruptly has global commentators suggesting that US troops could be preparing to enter the war.

At the G7 summit in Canada, Prime Minister Keir Starmer and US President Donald Trump formally approved a UK‑US trade deal targeting aerospace and automotive sectors.

US President Donald Trump announced the signing of the UK-US trade deal, highlighting its potential to create jobs and boost income in both nations.

Friday’s UK headlines continued to be dominated by the deal struck between the US and the UK yesterday – though nothing has been signed and it was incredibly light on details.

The prime minister is facing so internal turmoil over his proposed welfare cuts with Labour MPs preparing a rebellion. The government won’t be at risk of defeat due to their large majority, but a rebellion could highlight the levels of discontent within the party.

A new Pope has been chosen and it’s a US-born pontiff who will use the name Pope Leo XIV. Donald Trump’s hard-right supporters are having a meltdown of what they see as a ‘lefty looney’ being appointed.

In sports, both Manchester United and Spurs are through to the final of the Europa League meaning we’ll have an all-English final – both clubs desperately need to win in order to salvage a very poor season for both.

Leaders from both countries praised the move as a positive step, but many analysts say it doesn’t significantly change the overall trade relationship.

It’s trade deals galore for the prime minister after yesterday’s announcement that Britain had signed a trade deal with India, the prime minister is set to announce a UK-US trade deal later today. The news is a huge win for both Keir Starmer and Rachel Reeves who have been under pressure since taking office over the handling of the economy!

Experts are suggesting that the devil is in the details – and it’s likely to be more of a temporary pause on some tariffs rather than a long-term trade agreement. But still, with the world queuing up for a trade deal, getting in their first will no doubt be a boost for the PM and his struggling government.

A US-UK trade deal is expected to be announced today, which will see tariffs reduced.