A new trade deal allows British carmakers to export 100,000 vehicles to the US at a lower tariff rate than their North American counterparts. This raises concerns among American automakers who fear it could set a precedent for future trade agreements.
Stock futures hovered near the flatline as investors looked to the newly announced US-UK trade deal as a potential catalyst for market recovery. President Trump’s preliminary agreement could pave the way for further trade discussions with China, impacting major stock indices.
Stocks rose on Thursday following the announcement of a trade agreement between the U.S. and U.K., as investors eagerly await more details from President Trump amidst ongoing tariff negotiations.
The US and UK have reached a new trade agreement that reduces tariffs on British cars and allows tariff-free imports of some steel and aluminium, but key challenges remain.
In a landmark announcement on Victory Day, President Trump and Prime Minister Starmer unveiled a historic trade deal that promises billions in new market access for American exporters, boosting jobs and enhancing economic security between the two nations.
President Trump is ready to announce a significant trade agreement with the UK, marking a pivotal moment in US-UK relations. Despite ongoing negotiations, this deal aims to cement a long-term alliance and economic collaboration.
Britain is poised to become the first country to sign a trade deal with the U.S. after recent tariff announcements. Is this the breakthrough UK businesses have been waiting for?
In a significant move, the US and UK are poised to announce a deal to lower tariffs on select goods, amid ongoing trade tensions sparked by Trump's previous levies. The agreement aims to ease economic strain and foster closer ties.
