President Trump and UK Prime Minister Keir Starmer unveiled a limited trade deal Thursday that keeps 10% tariffs on British exports but lowers U.S. duties on UK cars and cuts average UK tariffs on U.S. goods to 1.8%, calling it a “historic” step forward.
U.S. President Donald Trump and British Prime Minister Keir Starmer have announced a limited bilateral trade deal aimed at easing tensions and boosting trade between the two allies.
The agreement, unveiled during a White House press briefing, keeps Trump’s 10% tariffs on British exports intact but provides new access for agricultural products and significantly lowers U.S. tariffs on British car imports.
British tariffs on U.S. goods will drop to an average of 1.8%, down from 5.1%. “It opens up a tremendous market for us,” Trump said, positioning the deal as a model for future trade negotiations.
Starmer, speaking via teleconference, called the agreement “a really fantastic, historic day,” highlighting its potential to create and protect jobs while expanding market access for both sides.
This deal is the first in a series of targeted trade pacts Trump aims to finalize after launching sweeping new tariffs last month affecting dozens of countries. Negotiations with the EU, China, and others are reportedly ongoing.
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At least 11 people were killed in Israeli strikes on southern Lebanon on Saturday, among the deadliest since a June ceasefire. Meanwhile, Qatar denied holding Iranian pilots. It said it had found the remains of one pilot after an airspace violation and had contacted Iran to coordinate a handover.
U.S. President Donald Trump says Washington is not seeking an extension of its memorandum of understanding with Iran, claiming the U.S. already controls the Strait of Hormuz through its naval blockade.
A wildfire in Croatia driven by strong winds descended on the tourist town of Omis overnight, engulfing houses, forcing about 1,000 people to evacuate to safety and injuring dozens, fire brigade and health officials said on Friday.
South Korea's presidential Blue House said on Monday it was reviewing U.S. President Donald Trump's comments on scaling back joint military drills. It added that it hoped a favourable relationship between Washington and Pyongyang could lead to meaningful talks.
Residents of villages in eastern Indonesia hit by a deadly earthquake that killed at least 54 people were awaiting aid on Monday as rescuers prepared to comb through collapsed buildings in search of people trapped beneath the rubble.
The economic losses from a powerful earthquake that struck Colombia last week are expected to reach 30 trillion pesos ($9.58 billion), Colombia's President Abelardo De La Espriella said on Monday.
Taiwan is preparing to spend more money on its military than ever before, with President Lai Ching-te announcing plans for a record defence budget of $31.4 billion for 2027, taking military spending above three per cent of GDP for the first time.
German Chancellor Friedrich Merz is facing growing pressure as his approval ratings fall and the far-right Alternative for Germany (AfD) party gains support.
Central Asia has become a major focus for Eurasian transport investment, with $71.7 billion committed to 114 projects, according to the Eurasian Development Bank’s 2026 Transport Observatory.
The European Union is preparing what foreign policy chief Kaja Kallas has described as its most far-reaching sanctions package against Russia since the war in Ukraine began.
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