The signing of the deal at the G7 followed Trump and Starmer's announcement in May that they’d reached a framework for a trade pact that would slash U.S. import taxes on British cars, steel and aluminum in return for greater access to the British market for U.S. products, including beef and ethanol. After the two leaders spoke, the White House released a statement seeking to clarify matters, saying that with respect to steel and aluminum, Commerce Secretary Howard Lutnick will “determine a quota of products that can enter the United States without being subject” to previous tariffs imposed by the Trump administration. It said the U.K. “committed to working to meet American requirements on the security of the supply chains of steel and aluminum products intended for export to the United States.”
Author: Jill Lawless
Published at: 2025-06-16 21:44:49
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