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| Trump signs order confirming parts of UK-US tariff deal | Trump signs order confirming parts of UK-US tariff deal |
| (32 minutes later) | |
| President Donald Trump has signed an executive order to reduce tariffs on UK cars being shipped to the US, which will bring into force parts of a tariff pact agreed between the two countries last month. | |
| Speaking at the G7 summit in Canada, Prime Minister Sir Keir Starmer called the move a "very important day" for both countries. | Speaking at the G7 summit in Canada, Prime Minister Sir Keir Starmer called the move a "very important day" for both countries. |
| The pact was the first that the White House has announced since it imposed tariffs on various goods entering America from around the world earlier this year. | The pact was the first that the White House has announced since it imposed tariffs on various goods entering America from around the world earlier this year. |
| But a 10% levy remains in place on most goods, including cars, arriving to American shores from the UK and the removal of charges on steel imports are yet to be finalised. | |
| The announcement on Monday comes after a series of talks have been held in recent months between the countries to reduce or remove tariffs on UK goods entering America. | |
| Concerns have been raised by several UK industries, including car manufacturers and steelmakers, which export a lot of goods across the Atlantic. | |
| Under the terms of the signed deal agreed last month, the US said it would allow up to 100,000 cars into the US at a 10% tariff, instead of the 25% import tax imposed by Trump on all car imports earlier this year. | |
| The executive order said the US would set up a similar system for steel and aluminium, but did not specify what it would be. | |
| "We're gonna let you have that information in little while," the US President said when asked if steel tariffs would be axed for the UK - a major part of the original tariff pact. | "We're gonna let you have that information in little while," the US President said when asked if steel tariffs would be axed for the UK - a major part of the original tariff pact. |
| The UK government said it would "continue to go further and make progress towards 0% tariffs on core steel products as agreed". | |
| In response to a question about future tariffs, Trump said the UK was "very well protected". "You know why? Because I like them," he added. | |
| The order also agreed to remove tariffs on certain kinds of aerospace products. | The order also agreed to remove tariffs on certain kinds of aerospace products. |
| Sir Keir said the deal "implements on car tariffs and aerospace", and described the agreement as a "sign of strength" between Britain and America. | Sir Keir said the deal "implements on car tariffs and aerospace", and described the agreement as a "sign of strength" between Britain and America. |
| The deal on US-UK tariffs will come into effect seven days following its official publication. | |
| Mike Hawes, chief executive of the Society of Motor Manufacturers and Traders, which represents UK carmakers, said the signed agreement would enable "many manufacturers to resume deliveries imminently". | |
| "We wait to see the full details of the deal and how it will be administered but this will be a huge reassurance to those that work in the sector and bolster the confidence of our important US customers," he added. | |
| Business and Trade Secretary Jonathan Reynolds said the announcement was "the result of work happening at pace between both governments to lower the burden on UK businesses". | |
| "We will update parliament on the implementation of quotas on US beef and ethanol, part of our commitment to the US under this deal," he added. | "We will update parliament on the implementation of quotas on US beef and ethanol, part of our commitment to the US under this deal," he added. |
| US beef exports to the UK had been subject to a 20% tariff within a quota of 1,000 metric tons. The UK has scrapped this tariff and raised the quota to 13,000 metric tonnes, according to terms shared last month. | |
| But the UK government has insisted there will be no weakening of food standards and that any US beef imports will need to meet food safety requirements. | But the UK government has insisted there will be no weakening of food standards and that any US beef imports will need to meet food safety requirements. |
| The UK government has been under pressure to deliver on the pact's promises, as Trump has continued to ramp up tariffs, including on steel, in recent weeks. | |
| UK steelmakers have been spared from the 50% tariffs imposed by Trump, but have been subject to the impact of the 25% levy. | |
| The UK government has hailed the US deal alongside trade deals with the European Union and India. | |
| But the US agreement is much more limited than the full-fat trade deal that has long been discussed on Downing Street. The scope of what was signed on Monday also appeared more restricted than the general terms of the deal as outlined last month. | |
| Trump has previously declared the pact on tariffs is a "major trade deal", but it is not. The US president does not have the authority to sign free-trade agreements without the approval of Congress. | |
| Trump said Sir Keir had done "what other people... haven't been able to do" in securing such a deal with the US. | |
| "He's done what other people - they've been talking about this deal for six years... and he's done what they haven't been able to do." | |
| The pact has drawn criticism by opposition parties in the UK. Conservative party leader Kemi Badenoch has called it a "tiny tariff deal". |