The United States and Britain are set to announce a trade agreement aimed at reducing tariffs on key goods, signaling progress in bilateral trade discussions.
The United States and Britain will announce a trade deal on Thursday, focusing on reducing tariffs in sectors such as cars and steel. This agreement follows efforts to address the economic impacts of previous tariff measures and marks a step forward in US-UK trade relations.
The deal, while not a comprehensive free trade agreement, is expected to offer targeted relief for industries affected by tariffs. Britain is likely to lower duties on US cars, while discussions around adjustments to the UK’s digital services tax remain ongoing. Introduced in 2020, the tax has drawn attention for its impact on major tech companies and consumers.
Prime Minister of the United Kingdom Keir Starmer, who has fostered constructive ties with U.S. leaders, will address the agreement later on Thursday. As Britain continues to shape its trade policies post-Brexit, the deal reflects efforts to strengthen ties with key partners while maintaining a balanced approach with the EU, US, and China.
Domestically, the agreement is anticipated to provide support for industries such as automotive and steel, easing pressures on companies like Jaguar Land Rover and British Steel. Economists note that while the immediate impact may be limited, such agreements could contribute to long-term economic stability.
US officials continue discussions with other trade partners, including upcoming talks with China, as part of broader efforts to stabilize global trade.
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From Washington to Rome and beyond, world leaders continue to welcome the election of Pope Leo XIV, recognising the historic nature of the first American pontiff and the hopes it brings for global unity and moral leadership.
Cardinal Robert Francis Prevost, a Chicago-born missionary and Vatican official, has been elected pope, bringing decades of pastoral, academic, and global Church leadership to the papacy.
For the first time in history, an American has been chosen to lead the Catholic Church, as Cardinal Robert Prevost is named pope.
Slovakia’s Prime Minister Robert Fico is the only EU leader attending Russia’s May 9 military parade, defying airspace bans and EU pressure to stay away.
From Washington to Rome and beyond, world leaders continue to welcome the election of Pope Leo XIV, recognising the historic nature of the first American pontiff and the hopes it brings for global unity and moral leadership.
Cardinal Robert Francis Prevost, a Chicago-born missionary and Vatican official, has been elected pope, bringing decades of pastoral, academic, and global Church leadership to the papacy.
For the first time in history, an American has been chosen to lead the Catholic Church, as Cardinal Robert Prevost is named pope.
Slovakia’s Prime Minister Robert Fico is the only EU leader attending Russia’s May 9 military parade, defying airspace bans and EU pressure to stay away.
On the 25th anniversary of the Gates Foundation, Bill Gates announced plans to donate nearly all of his personal wealth over the next two decades, aiming to provide $200 billion in support to the world’s poorest communities, especially as global aid budgets face significant reductions.
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