Establish a new paradigm for our special relationship: Today, on the occasion of the 80th anniversary of the Victory Day for the Second World War, President Donald J. Trump and Prime Minister Keir Starmer announced a historic trade agreement, offering American companies unprecedented to British markets while strengthening American national security. It is a good deal for America.
- President Trump: “The agreement includes billions of dollars of increased access to the market for American exports, especially in agriculture, considerably increasing access for American beef, ethanol and practically all products produced by our great farmers.”
- “The United Kingdom will reduce or eliminate many non-tariff barriers that have unjustly discriminated against American products.”
- “It turns out to be, really, a lot for both countries.”
- Prime Minister Starmer: “This will stimulate trade between and in our countries. This will not only protect jobs, but create jobs, open market access. ”
- This trade agreement will considerably expand access to the US market in the United Kingdom, creating an opportunity of $ 5 billion for new exports for American farmers, breeders and producers.
- This includes more than $ 700 million in ethanol exports and $ 250 million in other agricultural products, such as beef.
- He hires countries to work together to improve access to the industrial and agricultural market.
- It closes the gaps and increases the competitiveness of American companies on the purchasing market in the United Kingdom.
- It guarantees rationalized customs procedures for American exports.
- It establishes standard commitments raised in the fields of intellectual property, work and the environment.
- It maximizes competitiveness and secures the supply chain for American aerospace manufacturers thanks to preferential access to high quality British aerospace components.
- It creates a secure supply chain for pharmaceutical products.
- The reciprocal rate rate of 10%, as originally announced on the day of the liberation, is in force.
- The United States will accept another arrangement for the prices of article 232 on British cars.
- Under the agreement, the first 100,000 vehicles imported into the United States by British car manufacturers each year are subject to the reciprocal rate of 10% and all additional vehicles each year are subject to 25%.
- The United States also recognizes the economic security measures taken by the United Kingdom to combat the global surplus of steel and negotiate another arrangement at the prices of article 232 on steel and aluminum.
- This agreement creates a new union for steel and aluminum.
- This US trade agreement-UK will inaugurate a golden age of new opportunities for American exporters and will level the playgrounds for American producers.
- Today’s action also sets the tone for other business partners to promote mutual trade with the United States.
A framework to strengthen economic security: President Trump continues to advance the interests of the American people, improve market access for American exporters and reduce tariff and non -tariff obstacles to protect our economic and national security.
- On April 18, President Trump received a call with Prime Minister Starmer to discuss our bilateral commercial relationship.
- Total trade in American products with the United Kingdom was estimated at $ 148 billion in 2024.
- The British average applied agricultural rate is 9.2% while the American average applied agricultural rate (before April 2) was 5%.
- The United Kingdom maintains certain pricing and non-tariff barriers which restrict access to the market and create unfair playing conditions for workers and American companies.
- For example, the United Kingdom imposes prices which can exceed 125% on meat, poultry and dairy products in addition to maintaining norms not based on science which negatively affect American exports.
- On April 2, 2025, Liberation Day, President Trump imposed a 10% rate on all countries to combat unfair commercial practices that contributed to the trade deficit and American imbalances to better protect American workers and our national security.
An important step in the progress of a commercial policy in America: Since the first day, President Trump has challenged the hypothesis that American workers and companies must tolerate unfair commercial practices that have disadvantaged our workers and businesses for decades and have contributed to our historic trade deficit.
- The inversion of these conditions and the fight against lack of reciprocity in American trade relations will cause a new golden age and make America again large.
- President Trump continues to advance the interests of the American people, improving market access for American exporters and reducing tariff and non -tariff barriers.
- The economic prosperity of the agreement with the United Kingdom is an essential advance in a special relationship to promote reciprocal trade with an ally and a key partner.
