KANANASKIS, Alberta — President Donald Trump has agreed to lower tariffs on British autos from 25 percent to 10 percent by the end of June, after signing a U.K.-U.S. trade deal with Keir Starmer.
Brandishing the signed copy of the deal, after originally dropping the papers on the ground, Trump said the deal would “produce a lot of jobs, a lot of income.”
However, the final agreement — signed at the G7 summit in Kananaskis, Canada — has omitted a key part of the original deal.
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Steel and aluminum tariffs will, for now, remain at 25 percent instead of dropping to zero percent as originally agreed.
