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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U.S. President Donald Trump said on Sunday that negotiations with Ukrainian President Volodymyr Zelenskyy to end the Russia-Ukraine war were “getting a lot closer, maybe very close,” while acknowledging that the future of eastern Ukraine’s disputed Donbas region remains unresolved.
Moldova has officially notified Russia that the Russian Cultural Centre in Chișinău will be closed, with the institution expected to cease operations within six months, Moldovan authorities said.
Start your day informed with AnewZ Morning Brief: here are the top news stories for the 29th of December, covering the latest developments you need to know.
A 7.0 magnitude earthquake struck offshore near Taiwan’s north-eastern county of Yilan late on Saturday, shaking buildings across the island, including in the capital Taipei, authorities said.
Brigitte Bardot, the French actress whose barefoot mambo in And God Created Woman propelled her to international fame and reshaped female sexuality on screen, has died at the age of 91, her foundation said on Sunday.
Iran is engaged in a “comprehensive war” with the United States, Israel, and Europe, Iranian President Masoud Pezeshkian stated on Saturday.
Japan’s tourism sector has experienced a slowdown after China’s government advised its citizens to reconsider travel to Japan, following remarks by Prime Minister Sanae Takaichi regarding Taiwan.
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Roman Abramovich, the Russian billionaire and former Chelsea Football Club owner, has assembled a “top tier” legal team, including a former White House advisor, as he prepares for a legal battle in Jersey.
Chinese nuclear experts have suggested that Japan, with its advanced nuclear technology infrastructure, could potentially build nuclear weapons in less than three years.
Start your day informed with AnewZ Morning Brief: here are the top news stories for the 29th of December, covering the latest developments you need to know.
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