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.
Norway could soon receive a major boost to its airborne defence, as Washington signals readiness to expand military cooperation through a new high-val...
A British man accused of running a $100 million fake wine loan scam pleaded not guilty in New York, denying claims that he sold investors a vintage co...
The U.S. is set to support Lebanon’s military readiness with a $100 million deal to sustain A-29 Super Tucano aircraft, enhancing the Lebanese Armed...
U.S. singer Chris Brown pleaded not guilty in London to charges of assault and possessing an offensive weapon following a nightclub incident two years...
The U.S. unexpectedly recorded a $27 billion budget surplus in June, reversing last year’s deficit. This improvement reflects stronger customs colle...
Norway could soon receive a major boost to its airborne defence, as Washington signals readiness to expand military cooperation through a new high-value arms deal.
A British man accused of running a $100 million fake wine loan scam pleaded not guilty in New York, denying claims that he sold investors a vintage collection that didn’t exist. The high-stakes fraud allegedly duped victims with promises of rare bottles and big returns.
U.S. singer Chris Brown pleaded not guilty in London to charges of assault and possessing an offensive weapon following a nightclub incident two years ago. His trial is scheduled for October 2026.
The U.S. unexpectedly recorded a $27 billion budget surplus in June, reversing last year’s deficit. This improvement reflects stronger customs collections and significant cuts in education spending amid ongoing fiscal challenges.
A series of earthquakes have struck Guatemala on Tuesday afternoon, leading authorities to advise residents to evacuate from buildings as a precaution against possible aftershocks.
A deadly mass shooting early on Monday (7 July) in Philadelphia's Grays Ferry neighbourhood left three men dead and nine others wounded, including teenagers, as more than 100 shots were fired.
Dozens of international and domestic flights were cancelled or delayed after Mount Lewotobi Laki Laki erupted on Monday, but Bali’s main airport remains operational.
The 17th Summit of the Economic Cooperation Organization (ECO) was successfully held in Khankendi, Azerbaijan, highlighting the region’s revival and the deepening economic cooperation among member states.
French member of parliament Olivier Marleix was found dead at his home on Monday, with suicide being considered a possible cause.
Norway could soon receive a major boost to its airborne defence, as Washington signals readiness to expand military cooperation through a new high-value arms deal.
A British man accused of running a $100 million fake wine loan scam pleaded not guilty in New York, denying claims that he sold investors a vintage collection that didn’t exist. The high-stakes fraud allegedly duped victims with promises of rare bottles and big returns.
The U.S. is set to support Lebanon’s military readiness with a $100 million deal to sustain A-29 Super Tucano aircraft, enhancing the Lebanese Armed Forces’ ability to uphold the recent ceasefire in southern Lebanon.
The U.S. unexpectedly recorded a $27 billion budget surplus in June, reversing last year’s deficit. This improvement reflects stronger customs collections and significant cuts in education spending amid ongoing fiscal challenges.
Cameroon prepares for presidential elections on October 12 amid rising political tensions and declared candidates challenging long-time leader Paul Biya’s rule.
You can download the AnewZ application from Play Store and the App Store.
What is your opinion on this topic?
Leave the first comment