The United States and Britain have reached a trade agreement, reducing tariffs on cars, steel, and agricultural products. The deal includes a significant cut in tariffs for British cars and steel exports,

New agreement sees reciprocal US-China tariffs drop from 125% to 10% for 90 days, with final US tariff rate on China lowered to 30%

This revision reflects the US and China agreeing to a temporary reduction in tariff levels, the US-UK trade deal struck last week, and a modification in auto tariffs that allowed for offset rebates.

A tariff reduction on British car exports to the U.S. in a new economic deal brings relief to the UK car industry. The Society of Motor Manufacturers and Traders welcomes the development as a step towards further reducing trade barriers and fostering economic growth for both nations.

Markets have risen on news of a US-China trade agreement. What has been announced, and what does it mean for your investments?

The pound is the best performer in the G10 FX space so far on Thursday and GBP/USD is back above $1.33 after dipping below this level after the BOE meeting. EUR/GBP is down 0.3%, as the UK’s trade deal brings into focus the fact that the EU still does not have a deal with the US, and that it will be harder to achieve one.

Under the new agreement, US tariffs on UK goods will be set at 10 percent ... Meetings will take place in Geneva, and are expected to address reductions on broad tariffs, duties on specific ...

The ink on Britain’s landmark post-Brexit trade deal with India had hardly dried before the news broke that an agreement with the US was imminent. Writing on Truth Social overnight, Donald Trump said it was a “great honour” to have the UK be the first trade deal signed with the United States, claiming it will be “full and comprehensive”.

Nearly a quarter (24 per cent) of UK defined benefit (DB) pension schemes are actively considering a reduction in their US asset holdings, research from WTW has revealed