Trump announces US-UK trade deal with focus on steel, autos and beef

President Donald Trump recently announced that the United States and the United Kingdom have reached a trade agreement. While full details are still to be published and released, the White House has released a fact sheet that outlines the changes expected to reshape the trade relations between the two countries. The fact sheet states the following changes:

1. Agricultural Exports: Opens $5 billion in new market opportunities for U.S. farmers and producers, including $700M in ethanol exports nd $250M in other agricultural products, like beef and other goods.
2. Aerospace & Pharma: Secures supply chains for U.S. aerospace and pharmaceutical sectors through improved UK access.
3. Non-Tariff Barriers: The UK will reduce or eliminate restrictions that have historically limited U.S. agricultural exports.
4. Reciprocal Tariff: The reciprocal tariff rate of 10% as originally announced is still in effect.
5. Autos: First 100,000 UK vehicles imported to the U.S. annually face a 10% tariff; amounts above that will be taxed at 25%.
6. Steel & Aluminum: Section 232 tariffs will be reconsidered based on UK reforms.
7. Customs & Procurement: Streamlines export procedures and closes gaps in access to UK public procurement opportunities.
8. Trade Standards: Both nations commit to stronger protections around labor, intellectual property, and the environment.

To read the full fact sheet, visit White House Fact Sheet: U.S.-UK Reach Historic Trade Deal