Talking at a Jaguar Land Rover plant within the West Midlands, the British prime minister mentioned the deal meant US tariffs on automobiles from the UK could be reduce from 27.5% to 10% for 100,000 autos yearly. The announcement by the 2 nations made the UK the primary to agree a commerce cope with Washington since Donald Trump imposed sweeping tariffs in April on what he referred to as ‘liberation day’. The US president’s tariffs despatched international inventory markets plunging for days till he introduced a 90-day pause, which is because of expire on 9 July
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