7 h. ago The Latest: UK says trade deal slashes tariffs on cars, steel and aluminum

U.S. President Donald Trump said from the White House on Thursday that his government has reached a trade agreement with the United Kingdom

Economics

9 h. ago Trump slashes tariffs for UK cars and steel as Britain opens up its markets to more US beef in trade deal

The US president said it was a 'very big and exciting day' for America and Britain

Economics

9 h. ago Britain hasn’t agreed a trade deal with the US – it’s ended a hostage negotiation | Gaby Hinsliff

There will be relief for carmakers but not much else to celebrate: Trump’s whims still hang over the UK – and the world – economyHang out the bunting and let the church bells ring. A VE Day trade deal with Donald Trump is done, and in the car plants of the West Midlands as much as in the backrooms of No 10, there will be understandable relief that, for now at least, America’s phoney war on them is over.It’s true that the easing of arbitrary tariffs on cars, steel and aluminium that didn’t even exist until eight weeks ago falls far short of being an actual trade deal, not least because the president could rip it up again tomorrow if he felt like it. But the terms agreed between London and Washington could save thousands of jobs, which isn’t to be sniffed at, even if they’re jobs that need never have been at risk in the first place had Trump not suddenly chosen to threaten them. More surprisingly, Rachel Reeves seems to have managed to hang on to her digital services tax on (mostly US...

Economics

10 h. ago UK politics: Tariffs cut on UK cars, steel and aluminium in US trade deal, says Starmer – as it happened

Car exports will face 10% tariffs while levies on steel and aluminium are cut to zeroTrump and Starmer confirm ‘breakthrough’ UK-US trade dealThe Liberal Democrats treasury spokesperson Daisy Cooper has reiterated the party’s position that any trade deal with the US should be put to parliament for approval before being ratified, saying Labour “should not be afraid” of a vote if they are confident a deal is in the country’s best interests.Cooper, the MP for St Albans, said in a statement:Parliament must be given a vote on this US trade deal so it can be properly scrutinised.A good trade deal with the US could bring huge benefits, but Liberal Democrats are deeply concerned that it may include measures that threaten our NHS, undermine our farmers or give tax cuts to US tech billionaires.If it’s correct, and you know, whilst we haven’t been named publicly, it does sound like something’s happening, nevertheless, it would be wholly speculative [to comment].As you appreciate and know full ...

Economics

11 h. ago Tories accuse Starmer of 'shafting' Britain with US trade deal: Trump lowers tariffs on car and steel exports to America while US farmers get access to Britain

Donald Trump said the agreement would be 'really good' for both sides - as British businesses hope for relief from his brutal tariffs.

Economics

11 h. ago Tories accuse Starmer of 'shafting' Britain with US trade deal: President lowers tariffs on car and steel exports to America while US farmers get access to Britain

Donald Trump said the agreement would be 'really good' for both sides - as British businesses hope for relief from his brutal tariffs.

Economics

11 h. ago Trump slashes tariffs for UK cars and steel but trade deal row looms on US beef imports to Britain

The US president said it was a 'very big and exciting day' for America and Britain

Economics

11 h. ago Tariffs cut on UK cars, steel and aluminium in US trade deal, says Starmer – UK politics live

Car exports will face 10% tariffs while levies on steel and aluminium are cut to zeroTrump and Starmer confirm ‘breakthrough’ UK-US trade dealThe Liberal Democrats treasury spokesperson Daisy Cooper has reiterated the party’s position that any trade deal with the US should be put to parliament for approval before being ratified, saying Labour “should not be afraid” of a vote if they are confident a deal is in the country’s best interests.Cooper, the MP for St Albans, said in a statement:Parliament must be given a vote on this US trade deal so it can be properly scrutinised.A good trade deal with the US could bring huge benefits, but Liberal Democrats are deeply concerned that it may include measures that threaten our NHS, undermine our farmers or give tax cuts to US tech billionaires.If it’s correct, and you know, whilst we haven’t been named publicly, it does sound like something’s happening, nevertheless, it would be wholly speculative [to comment].As you appreciate and know full ...

Economics

17 h. ago Trump announces US trade deal with the UK: President hails 'comprehensive' agreement to 'cement' Special Relationship

Donald Trump teased a 'major trade deal' in posts on social media saying it will be 'comprehensive' and 'cement' ties with the UK.

Politics

17 h. ago US trade deal to be announced TODAY: Trump hails 'comprehensive' agreement to 'cement' Special Relationship

Donald Trump teased a 'major trade deal' in posts on social media saying it will be 'comprehensive' and 'cement' ties with the UK.

Politics

17 h. ago Trump confirms ‘full and comprehensive’ trade deal with UK – US politics live

US president hails ‘first announcement’ of trade agreement and says ‘many other deals to follow’Downing Street said the British prime minister Keir Starmer would make a statement on trade talks with the US on Thursday.The agreement is likely to focus on lowering US tariffs on specific products, such as British steel, aluminium and cars.The prime minister will always act in Britain’s national interest – for workers, for business, for families.The United States is an indispensable ally for both our economic and national security.The agreement with the United Kingdom is a full and comprehensive one that will cement the relationship between the United States and the United Kingdom for many years to come.Because of our long time history and allegiance together, it is a great honor to have the United Kingdom as our FIRST announcement. Continue reading...

Politics

20 h. ago US trade deal to be announced TODAY: Trump tees up 'major' agreement

Donald Trump teased a 'major trade deal' with a 'big, highly respected country' in a post on social media overnight.

Politics

44 h. ago US trade deal 'set to be signed this week' as Starmer scrambles to ease Trump's tariffs on cars and steel before his Brexit 'reset'

Negotiators appear to be closing in on a package that could reduce the impact of the president's eye-watering 25 per cent levies on car and steep imports.

Economics

58 h. ago UK closes in on US trade pact with lower tariff quotas for cars and steel

London to offer concessions on digital services tax in deal that could be agreed this week

Politics

62 h. ago Keir Starmer announces trade deal with major country after Boris Johnson's failure

New trade deal will slash Indian tariffs on key products such as whisky, gin, and cosmetics, the government said after it struck a major agreement with Narendra Modi's government

Politics

62 h. ago UK and India agree trade deal, slashing tariffs on car and whisky exports

The deal follows three years of talks and is set to boost several sectors which are hit especially hard by Donald Trump’s tariffs.

Economics

3 w. ago Brits warned of looming pain as UK now among WORST hit by Trump's tariffs after he shelved punitive levies and handed China exemptions for iPhones

Downing Street signalled relief when the US president's 'Liberation Day' assault was originally mounted.

Events

3 w. ago Britain is now among the WORST hit by Trump's tariffs after president shelved punitive levies and handed China exemptions to dodge iPhone price hikes

Downing Street signalled relief when the US president's 'Liberation Day' assault was originally mounted.

Politics