London and Washington signed an agreement this week to raise some of Trump’s prices and extend access to the reciprocal market. Trump said that the “historic” agreement, which is the first with another country since he announced a world tariff dam last month, would lead the United Kingdom into “alignment of economic security” with the United States
But Merz, who was sworn in as a German Chancellor this week, warned that it was “not possible to do so with the member states of the EU individual because we negotiate trade together”.
“My impression is that he (Trump) accepted this, so he now knows that he can only negotiate with us,” he added.
Although the latest details are still nailing, Trump’s trade secretary Howard Lunick told journalists from the Oval Office that the American-Uk agreement had “opened up new market access” in “ethanol, beef, machines, all agricultural products” and that the United Kingdom would buy $ 10 billion in Boeing aircraft.
In return, the British government said that American prices on cars would be “immediately reduced” from 27.5% to 10%, those in steel and aluminum reduced to zero.
But the United Kingdom remains subject to the “basic” price of 10% of Trump on all goods sent to the United States
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