A fresh trade twist just dropped as the United Kingdom and the United States inked a tariff deal that’s sparking heated debate across the political spectrum. 🇬🇧🇺🇸 UK Prime Minister Keir Starmer hailed the agreement as "fantastic, historic," emphasizing that tariffs on British steel and aluminum exports to the U.S. will vanish while U.S. tariffs on up to 100,000 British-made vehicles drop drastically from 27.5% to 10%.
In addition, the deal provides UK farmers with a tariff‐free quota of 13,000 tonnes of beef and sees Britain scrapping tariffs on American ethanol imports. Starmer announced that the tariff cuts are set to kick in "as soon as possible," during a briefing connected via the Oval Office with U.S. President Donald Trump.
However, not everyone is cheering. Critics such as Conservative leader Kemi Badenoch and Liberal Democrat leader Ed Davey argue that while some tariffs are reduced, others remain high, leaving British industries exposed. Their concern is that the deal, though celebrated by some as historic, might just be a risky compromise for domestic sectors. 🤔
This evolving story is a must-watch for anyone keen on global trade, business insights, or just understanding the ripple effects on everyday jobs and industries. Stay tuned as new chapters unfold in this high-stakes trade saga! 🚀
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UK-U.S. tariff deal sparks mixed reactions across political spectrum
cgtn.com
