Prime Minister Sir Keir Starmer has achieved notable trade agreements with the US and India, following a challenging period for UK's trade negotiations. The UK-India agreement is expected to boost bilateral trade significantly and positively impact the UK economy. President Trump's recent announcement of a trade deal with the UK, although less comprehensive than anticipated, also signifies progress in easing tariffs. This development comes at a critical time for Starmer, who faces pressure after local election setbacks.
President Trump’s announcement signifies a breakthrough for UK trade, showcasing a deal that eases tariffs but falls short of a comprehensive trade agreement.
The UK-India agreement is poised to elevate bilateral trade by 25.5bn and enhance UK GDP by 4.8bn annually, promising simplification of exports.
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