Starmer says UK-US trade deal provides 'vital assurances' for industries threatened by tariffs
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The British prime minister has told auto workers a trade deal with the U.S. will protect thousands of jobs in the sector. According to Associated Press Keir Starmer said he chose to announce the agreement at a Jaguar Land Rover plant “as soon as I knew this deal was coming in today” because it was so important to the industry. The deal, he said, will save thousands of “really important, skilled, well-paid jobs” in Britain. He told the workers that the deal means U.S. tariffs will now be cut “from 27.5%, down to 10% for 100,000 vehicles every year,” adding “I know from when I was last here, how much that will have been weighing on your minds when you knew the size of the tariff that would otherwise be in place.” As part of the deal, President Donald Trump has agreed to cut tariffs on U.K. autos, steel and aluminium , while Britain will buy more American beef and streamline its customs process for goods from the United States. The symbolically resonant agreement still has yet to be finalized, but it suggested that Trump was still able to negotiate with other countries after his vast set of tariffs stoked fears around the world of an economic downturn and higher inflation. The announcement provided a political victory for Starmer and offered a degree of validation for Trump’s claims that his turbulent approach on trade may be able to rebalance the global economy on his preferred terms. No new deals have been reached with America’s largest trading partners, including Canada, Mexico and China. Trump has left the highest tariffs in place on China, sparking a confrontation between the world’s two biggest economies. Washington and Beijing are sending officials to Switzerland this weekend for an initial round of trade talks.
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