Changes in the UK and US Safety Trade Trade Trading Vehicle and Agricultural Products

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The United States and the United Kingdom announced their first trade transactions with the Trump administration after announcing tariffs on foreign products in early April.

US President Donald Trump told reporters that “the final details are being prepared.” “In the next few weeks, we will have everything very decisively.”

The rapidly negotiated transactions are not a wide range of trade agreements, but focuses on specific sectors, relieving trade barriers of agriculture, automobiles, aluminum and steel products.

Trump mentions that the groundbreaking is a “complete and comprehensive” deal, but experts emphasize that this exaggerates the scope of the contract. Congress must first be approved to broker a full -fledged deal.

President Donald Trump and Prime Minister Ker Starmer emphasized the strong relationship between the two countries that have tied in common values, culture and common languages.

“This is a true praise for the history we worked so closely,” said Starmer in a phone call with the US President on Thursday.

Trump referred to England as “one of our great allies.”

Aluminum and steel

Thursday transactions are based on the olive branches on both sides.

The United States concessions are to remove 25% of steel and aluminum in the UK, which was imposed on all foreign imports of Trump Guy on March 12.

The UK does not send a huge amount of steel and aluminum to the United States, but it sends a lot of products, including them, but it is also affected by the charges.

According to UK Steel, the US market is buying in 7%, with 9% of British steel exports.

In 2024, the UK exported 180,000 tons of half and finished steel to the United States, with 370 million (436.5mn) in the United Kingdom.

Beef and ethanol

Trump said Thursday that the United States will increase beef and ethanol exports to the United Kingdom.

This income has been limited to the addition of growth hormones.

“The contract includes an increase in US exports, especially agriculture, and an increase in market access, and there is a significant increase in access to almost all products produced by US beef, ethanol and our great farmers.”

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British manufacturers' imposition of British automobiles will also be lowered from 27.5%to 10%for UK manufacturers. It applies to 100,000 British cars.

Starmer spoke at Jaguar Land Rover Factory.

According to the National Statistics officials, the British auto export to the United States had about 9 billion (1.6 billion) last year and accounted for 27.4%of the British car exports. Automakers, such as Jaguar and Aston Martin, are consequently felt the pinch of Trump tariffs and will be relaxed on Thursday.

He said the contract would save thousands of “really important and skilled paid jobs” in the UK.

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“This transaction means that US tariffs will now decrease 10% from 27.5% for 100,000 vehicles every year,” said StarMer.

Transaction

Due to the fixation of the trade deficit, Trump's tariff war is pursuing the fact that the US imports more foreign products that the United States sells overseas. This is partly related to the strengths and dollars of the US economy, but Trump concluded that international partners are using the United States.

Trade balance between the United Kingdom and the United States is not easy to interpret because it is irregular for both the Atlantic.

According to the US data, the United States enjoys the surplus of commodity transactions with the UK. This means that it is purchased more in the United States than the British exports.

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According to the US government, US goods exports to the United Kingdom have reached $ 79.9 billion in 2024. The UK's imports of US products recorded a total of $ 68.3 billion ($ 68.3 billion) in the same period.

Data from the National Statistics (National Statistics) Secretariat in the UK depicts other pictures to suggest that the UK is spending more to the United States than imports.

In 2024, the United Kingdom imported 57.1 billion (67.4 billion) of products from the United States on value conditions, ONS said. In contrast, 593 billion (7 billion) of goods were sent to the United States from the United Kingdom to the United States.

Trump promised that “many other transactions in the serious negotiation stage” should be followed in Thursday.

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