The United States and the United Kingdom agree to the transactions that slash the Trump tariffs on automobiles and metals.

City Hall: The US -UK relationship will soon be 'will be strong at any time' -Trump

As part of a new contract between the United States and the United Kingdom, the United States has agreed to reduce the income tax on the defined number of British automobiles and allow steel and aluminum to be national tariffs.

The announcement provides slogans for major British industries of some new tariffs, which Donald Trump announced after returning to the White House in January.

But we will do a 10%mission for most of the British products.

The analysts have been welcomed by the leaders of the two countries, but they do not seem to change the trade conditions between the nations by standing before Trump's change this year.

On Thursday, no official transactions were signed, and the two governments' announcements were revealed.

In the Jaguar Land Rover factory at West Midlands, Sir Keir Starmer Sir Keir Starmer was explained as “fantastic platform.”

“This historical transaction is provided to British businesses and British workers who protect thousands of British jobs in major sectors, including automobile manufacturing and steel,” he added.

In the White House, Trump called it a “big deal,” and opposed the criticism that he was exaggerating its importance.

“This is the maximum deal that we will be bigger,” he said.

What is the deal?

The two sides said that Trump agreed that Trump would reduce import taxes for cars, which increased 25 percent last month to 10% annually to 100,000 cars every year.

This is helpful for luxury car manufacturers such as Jaguar Land Rover and Rolls Royce, but it can limit growth for the next few years because the UK is roughly exported last year.

Jonathan Reynolds, Secretary of State, told the BBC that he had not lost thousands of jobs to the British car manufacturers facing US tariffs.

“This was very serious,” he said. “This would mean that people would have lost their jobs without breakthrough.”

According to the prime minister's office, tariffs on steel and aluminum raised earlier this year were also cut. The United States said it would set up quotas as before.

According to a document published by the US trade staff, the two countries have agreed to import up to 13,000 -ton of beef from different countries.

The United States said that this change will greatly expand beef sales to England. The United Kingdom had previously tasked with 20%tasks and reached 1,000 meters tons.

Overall, the United States said that the contract would create a “opportunity” of $ 5 billion (38 billion) for exports, including $ 700 million in Ethanol and $ 250 million in other agricultural products.

“We can't control how important this deal is,” Brook Rollins.

What is the reaction?

Gareth Stace, director of the British Steel Bureau, welcomed the agreement that the agreement would provide “main relief” to the steel sector.

“We have clearly repayed the patience of the British government's cool approach and negotiations with the United States,” he said.

Other business groups expressed more uncertainty.

“It's better than yesterday, but it's not better than five weeks ago.”

“I'm trying to be excited, but I'm having a little difficult.”

The Labor Party MP praised the contract, but the opposition party requested more details and investigations from the Congress.

Conservative leader Kemi Badenoch said that the tariffs were lowered by the United Kingdom as they hiked in the United States, criticizing the contract.

“This is not a historical deal with the United States,” she said. “We have a shaft.”

The Liberal Democratic Party demanded a vote of the parliament's contract and said that if the MP was rejected, it would show “complete rude to the public.”

Sir Ed Davey said:

“Trump's trade tariff is still facing major industries in the UK and threatening the livelihoods of people across the UK.”

Reformed British leader NIGEL FARAGE said the contract is “in the right direction.”

He told the BBC that there are more details in the future. But it was a welcome development in the round.

“The important point is that we are working. We are moving.” “This is the BREXIT benefit that we could do this.”

Would you like to win our ranch?

The United States and the United Kingdom have been discussing trade transactions since Trump's first term. They were at that time to sign mini evil at the time.

However, the United States has long been promoted to benefit from farmers and pharmaceutical issues, which have long been a British political non -starter.

It was not clear how much the problem was developed.

The National Cattlemen's Beef Association said that the agreement conveyed a “tremendous victory” to the US ranches, but the US Meat Export Federation, which tracks trade barriers for US farmers, is still trying to fix information about change.

The UK said that food standards for imports will weaken.

Michael Pearce, the deputy director of Oxford economics, said the British did not change the economic outlook as a result of the announcement that “the devil will be in detail.”

The other problem is the last before.

Trump repeatedly said that the United States wants to pay taxes taxes to ensure a strong manufacturing base for important medicines.

The United Kingdom said the United States agreed to provide “priority treatment” to British companies.

But Ewan Townsend, a lawyer at ARNOLD & PORTER, who works with a health care company, said the industry said, “We are waiting to know exactly what this preferred treatment means.”

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