US and Great Britain agree that a deal Trump was lowered tariffs for cars and metals

The United States has agreed to reduce import taxes for a defined number of British cars and to enable some steel and aluminum to be able to enable some duties between the United States and Great Britain.

The announcement offers relief for important British industries from some of the new tariffs that President Donald Trump has announced since the office in January.

But it will have an order of 10% for most goods from Great Britain.

Although the analysts of managers in the two countries were celebrated as significantly, they stated not to change the trade conditions between the countries sensibly, as they were before Trump's changes this year.

No formal deal was signed on Thursday and the governments were slightly details.

Sir Keir Starrer spoke from a Jaguar Land Rover factory in the West Midlands and described the agreement as a “fantastic platform”.

“This historical deal delivers for British companies and British workers who protect thousands of British jobs in key sectors, including automotive production and steel,” he said, adding that the UK has no larger ally than the United States.

In the White House, Trump cited it as “a lot” and crowded against the criticism that he overestimated its importance.

“This is a maximum deal that we will make bigger,” he said.

The two sides said that the USA had agreed to reduce import tax for cars – which Trump increased by 25% last month – to 10% per year.

This will help luxury machines such as Jaguar Land Rover and Rolls Royce, however, could restrict growth in the coming years, as it is roughly what the United Kingdom exported last year.

Economic Secretary Jonathan Reynolds announced that the United Kingdom was away from losing thousands of jobs from car manufacturers in front of the US tariffs.

“It was very serious,” he said. “It would have meant that people had lost their work without this breakthrough.”

According to the prime minister's office, tariffs for steel and aluminum, which Trump had increased to 25%in early this year, also became 25%.

The office also said that the two sides with a quota of 13,000 tons for British farmers had approved the “mutual access” for beef exports.

These numbers were not confirmed by the White House, although it was expected to expand the sales of beef and ethanol to Great Britain, a long -term demand from the United States.

The United States said that the deal would create a “chance” for exports of $ 5 billion for exports, including USD 700 million in ethanol and $ 250 million for other agricultural products.

“It cannot be understood how important this deal is,” said Brooke Rollins, agricultural secretary of the US agriculture.

The British steel director Gareth Stace welcomed the agreement and said it would offer the steel sector “great relief”.

“The cool approach of the British government and the perseverance at the negotiation with the United States have clearly paid off,” he said.

Other business groups expressed more uncertainty.

“It is better than yesterday, but it is definitely not better than five weeks ago,” said Duncan Edwards, Managing Director of the Britishhamerican Business, representing the company in both countries and supporting free trade.

“I'm trying to be excited, but I'm fighting a bit.”

While Labor MP praised the deal, opposition parties in parliament asked for details and examination.

Conservative party leader Kemi Badenoch criticized the deal and said it was the tariffs lowered by Great Britain while hiking in the USA.

“This is not a historical deal with the USA,” she said. “We were changed.”

The Liberal Democrats called for a vote on the Agreement in Parliament and said that it would show “complete disrespect against the public” if the MPs were refused to have a say.

Sir Ed Davey said: “When it comes to a trade agreement – and especially one thing with someone who is as unreliable as Donald Trump – the devil will be in detail.

“One thing is clear that Trump's trade tariffs still meet important British industries and threaten the livelihood of people across Great Britain.”

Nigel Farage, leader of the UK reform, said the deal was a “step in the right direction”.

He informed the BBC that there were more details, but in the round it was a welcome development.

“The important point is that we do things, we take a step,” he said. “It is a Brexit advantage that we could do.”

The United States and Great Britain have spoken about a trade agreement since Trump's first term. At that time they came shortly before signing a mini-agreement.

However, the United States has long pushed to change to its farmers and pharmaceutical questions that were not politically starter for Great Britain.

It was not clear how much these problems had developed.

The National Cattlemen's Beef Association said that the agreement had generally achieved an “enormous victory” for American cattle breeders, but the American meat export association, which pursues traders for farmers in the United States, said that he was still trying to define information about the changes.

Great Britain said that there would be no weakening of the food standards for imports.

While the United Kingdom seems to have received some commitments, “the devil will be in detail,” said Michael Pearce, deputy chief economist at Oxford Economics, who stated that due to the announcement, there was no changes to its economic forecasts.

Other expenses.

Trump has repeatedly said that he wants to control imports of medicinal products to ensure that the USA has a strong production basis for critical medication.

Great Britain said the United States had agreed to give British companies “preferred treatment”.

But Ewan Townsend, a lawyer at Arnold & Porter who works with healthcare companies said that the industry has now “waited to see exactly what this preferred treatment will mean”.