"President Trump unveiled a U.S.-U.K. trade framework he called a "breakthrough," designed to lower trade barriers and expand market access for American exports, especially in agriculture, energy, and industrial goods. While the full details remain under negotiation, the deal promises expedited customs clearance for U.S. products entering the U.K. and retains the existing 10% universal tariff rate, with carveouts for steel, aluminum, and automobiles (reduced to zero).
"It's very conclusive and we think everyone's going to be happy," President Trump told reporters, adding, "Many countries want to make a deal, and many countries are very unhappy that we happened to choose this one." ZeroHedge

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