AssetID: 54848789
Headline: UNCAPTIONED: Trump Slashes Tariffs on UK Cars, Steel Talks Still in Limbo
Caption: Trump Slashes Tariffs on UK Cars, Steel Talks Still in Limbo. In a major shift in US trade policy, President Donald Trump has signed an executive order reducing import tariffs on UK cars from 25% to 10%, implementing key parts of a trade deal struck last month. Speaking at the G7 summit, UK Prime Minister Sir Keir Starmer hailed it as a "very important day" for both nations, calling it a sign of strong bilateral ties. The deal also lifts tariffs on some aerospace goods, though steel and aluminium duties remain unresolved. Trump said details on those would come "in a little while", while the UK government pledged to keep pushing for 0% tariffs on core steel products. UK carmakers welcomed the news, saying the reduced tariff will allow shipments to the US to resume quickly. The agreement, set to take effect within a week, also includes increased quotas on US beef exports to the UKâthough the UK insists its food safety standards won't be compromised. This marks the first formal US-UK tariff reduction since Trump's broader tariff hike campaign earlier this year. Instructions: THIS VIDEO MUST NOT BE EDITED FOR LENGTH TO COMBINE WITH OTHER CONTENT
Keywords: Current affairs & Politics,Trump,tariffs,UK cars,executive order,25% to 10%,trade deal,G7 summit,Keir Starmer,bilateral ties,aerospace goods,steel,aluminium,unresolved,0% tariffs,UK carmakers,US shipments,US beef exports,food safety standards,tariff reduction,trade policy.
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