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President Donald Trump and U.K. Prime Minister Keir Starmer have reached a trade agreement that lowers U.S. tariffs on British autos, steel, and aluminum, while maintaining a 10% baseline tariff on other goods and boosting American exports of beef and ethanol.
President Donald Trump announced a new trade agreement with the United Kingdom on Thursday that cuts U.S. import taxes on key British goods - autos, steel, and aluminum - while preserving a 10% baseline tariff on other U.K. imports.
In return, the U.K. will lower tariffs on 2,500 American products, such as wine, olive oil, and sports gear, and increase imports of U.S. beef and ethanol. The U.K. also committed to simplifying customs procedures for U.S. goods.
The auto tariff on British cars will drop from 27.5% to 10% for up to 100,000 vehicles annually. Steel and aluminum tariffs will fall from 25% to zero. Trump called the 10% rate “a low number,” suggesting that other countries negotiating with the U.S. might face higher rates based on trade imbalances.
Commerce Secretary Howard Lutnick confirmed that a major British company is preparing to buy $10 billion worth of Boeing aircraft.
Prime Minister Starmer, speaking to Trump during a public phone call on the anniversary of Victory in Europe Day, called the deal “historic” and said it would help protect thousands of U.K. manufacturing jobs. Speaking later at a Jaguar Land Rover plant, Starmer said this agreement was “just the start” of broader trade engagement.
Trump touted the deal as evidence of his administration’s ability to secure favorable terms and remained optimistic about the U.S. economy, predicting a strong stock market performance. He downplayed inflation concerns and dismissed corporate warnings about price increases as negotiation tactics.
AnewZ has learned that India has once again blocked Azerbaijan’s application for full membership in the Shanghai Cooperation Organisation, while Pakistan’s recent decision to consider diplomatic relations with Armenia has been coordinated with Baku as part of Azerbaijan’s peace agenda.
A day of mourning has been declared in Portugal to pay respect to victims who lost their lives in the Lisbon Funicular crash which happened on Wednesday evening.
A Polish Air Force pilot was killed on Thursday when an F-16 fighter jet crashed during a training flight ahead of the 2025 Radom International Air Show.
At least eight people have died and more than 90 others were injured following a catastrophic gas tanker explosion on a major highway in Mexico City’s Iztapalapa district on Wednesday, authorities confirmed.
Japanese conservative politician Sanae Takaichi on Thursday announced her candidacy for the leadership of the ruling Liberal Democratic Party (LDP), a move that could make her the country’s first female prime minister, Kyodo News reported.
The world’s two largest economies, the United States and China, remain mired in a trade war, with experts suggesting that a call scheduled for Friday between the two leaders is likely to address issues including the social media app TikTok, tariffs, and technology.
Germany will decide whether to support sanctions against Israel ahead of the European Union (EU) meeting in Copenhagen in October, Chancellor Friedrich Merz said on Thursday during a visit to Madrid.
World leaders are set to gather next week in New York for the 80th session of the UN General Assembly. Key issues on the agenda include a speech by US President Donald Trump, the ongoing conflicts in Gaza and Ukraine, increasing Western recognition of a Palestinian state, and nuclear tensions with I
Fifty-two Members of the European Parliament from 15 countries on Thursday called on the European Broadcasting Union (EBU) to bar Israel from the 2026 Eurovision Song Contest, citing the ongoing conflict in Gaza.
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