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Polybius

(20,622 posts)
Mon Jun 16, 2025, 10:32 PM Jun 16

Trump and Starmer Agree to Implement Parts of Trade Deal on Cars, Steel and Plane Parts [View all]

Source: NY Times

President Trump and Prime Minister Keir Starmer of Britain said on Monday that they had finalized their trade agreement to lower tariffs on British cars, steel and aluminum, and aerospace equipment, making good on parts of a deal they struck last month to lower barriers on some British goods.

In an executive order issued moments after the two leaders made the announcement at the Group of 7 summit in Canada, Mr. Trump lowered the U.S. tariff on British cars to 10 percent, from 25 percent, and ordered that the United States let a certain amount of British steel and aluminum into the U.S. tariff-free.

The order also lowers tariffs on some airplane parts, which British officials say will benefit British aerospace manufacturers.

Mr. Starmer, standing next to Mr. Trump, said that the agreement "implements on car tariffs and aerospace, and now a really important agreement, and so this is a very good day."

Read more: https://www.nytimes.com/2025/06/16/us/uk-trade-trump-starmer-tariffs.html

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