The recent UK-US trade deal has garnered attention due to significant tariff reductions on cars, particularly benefiting the UK automotive sector and companies like Jaguar Land Rover (JLR). Starmer lauded the agreement for decreasing export tariffs from 27.5% to 10%, which he believes will advantage UK car manufacturers in the American market. Conversely, concerns remain regarding food imports, reflecting opposition to US practices. Trump praised the deal as comprehensive, emphasizing its potential to enhance US-UK relations and boost American exports, marking it as a cornerstone in post-Brexit negotiations.
Starmer emphasized that the trade deal significantly reduces car export tariffs from 27.5 percent to 10 percent, which is crucial for the UK automotive industry, especially JLR.
Trump stated on social media that the trade deal would solidify US-UK relations, describing it as 'full and comprehensive' and highlighting its potential long-term benefits.
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