US-UK Trade Deal Finalized at G7, Covering Autos and Aerospace

Kananaskis, Alberta – In a significant move to bolster economic ties, US President Donald trump and UK Prime Minister Keir Starmer finalized a long-awaited US-UK trade deal at the G7 summit in Canada [3]. The agreement primarily focuses on the aerospace and automotive sectors,but unresolved issues surrounding British steel exports remain a key point of contention.

Key Provisions of the US-UK Trade Agreement

The deal,presented at the G7 venue,includes the elimination of tariffs on the UK aerospace sector and a reduction of tariffs on the auto industry from 25% to 10%. The Department for Business and Trade released these details following the signing [1].