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The United Kingdom and the United States praised a “wonderful and historical day” after taking a look at a rating trade deal.
In President Donald Trump’s words, these were years of making “But she got there with this Prime Minister.”
But while Sir Kerr Starmer will undoubtedly celebrate, Satan is in the details.
The latest policy: Trump says the commercial deal in the United Kingdom and the United States is a “great honor”
President Trump filmed alongside the UK Ambassador to the United States, Lord Mandson, at the Oval Office. Pre -approval: AP
Here, Sky News looks at what has been announced.
It is not a complete business deal
The first thing to notice is that this is not a free trade deal in the traditional sense, but it focuses on specific sectors – especially cars, steel and agriculture.
This has led to a decrease in some customs tariffs, but not all. I was imposed on the United Kingdom As part of a comprehensive package of global measures last month. This included a 10 % tax on all UK exports, steel, aluminum and cars.
More importantly, the published conditions note: “both the United States and the United Kingdom realize that this document does not constitute a binding agreement.”
Tarhaft exemptions on cars and steel
As a result of a deal on Thursday, the car export tariff will be reduced from 27.5 % to 10 %, to suit the tax line tax for Mr. Trump.
The lower car rate applies to the first 100,000 exported vehicles from the United Kingdom to the United States every year, which Downing Street said almost the total export of the United Kingdom last year.
British car makers were deeply concerned about the impact of definitions on their industry, so it is hoped that the reduction will provide thousands of jobs.
Separately, British steel industry – On the brink of collapse just a few weeks ago Now you will not face a high tariff after the United States has agreed to cancel the 25 % rate of the United Kingdom.
“The United States will immediately build a stake in the prices of the most preferred nation (MFN) for the United Kingdom, aluminum, and some of the derivative steel and aluminum products,” the agreement says.
A 10 % tax remains on all other commodities coming to the United States of the United Kingdom, which will be the focus of the next stage of discussions, and it is understood.
In the relevant news conferences on Thursday, Sir Kiir said that the deal led to “the provision of jobs, and Jobs won but did not accomplish Ayoub”, while Mr. Trump said that the deal is “comprehensive” but he wants to see him “goes further.”
The Prime Minister said that the new measures will provide thousands of jobs in the auto and steel industries, which were threatened by the tariff of Mr. Trump.
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“We would like to go further with regard to tariffs,” Starmer admits.
A new deal on beef – but there is no decrease in standards
The UK had concessions on agriculture in exchange for customs tariff exemptions, with the deal, including new access to mutual markets to beef.
This means that American farmers will be able to reach the United Kingdom for the first time, and the UK farmers will be able to reach the United States, in a share free of 13,000 metric tariffs.
This is a small part of 35,000 tons agreed as part of the conservative commercial deal with Australia, which rises to 110,000 metric tons over time and Which farmers said they undermine them.
It is important, that the American deal did not include weakening the UK food standards on imports, which have Previously, it was a red line in negotiations.
This means that the beef is a hormone (and chicken) chicken is still not allowed on UK shelves, a step that agricultural groups welcomed.
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Ethanol
The UK also agreed to remove the customs tariff on ethanol – used to produce beer – coming to the United Kingdom from the United States, to zero.
“The UK will offer a ranked tariff share of 1.4 billion liters of customs duties for us,” the UK explained the agreement.
US Secretary of Commerce Howard Lootnick said that along with a beef meat deal, this will create five billion dollars in a “chance for American exports”.
outer space
Mr. Lutnick also said that the United States has agreed to drop the customs tariffs on Rolls-Royce engines and other parts of the UK.
It was emphasized on Friday that the parent company of BRISHISH AIRWAIS has bought 32 new aircraft from the Boeing plane from the United States, following the country’s trade agreement with the United Kingdom on Thursday.
International Airlines Group (Iag) confirmed the Boeing 787-10 aircraft for its BA fleet, along with 21 Airbus airlines.
Iag did not confirm the amount it paid to the aircraft in its announcement.
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What was not in the deal?
Minister of Health Wes Street Sky News told February that while NHS is “Not worth the seizure”NHS patients can participate in American clinical trials as part of a deal in life sciences and medical research.
BBC Radio Four also told that in exchange for being in the “leadership seat for this pioneering research”, we must expect the British patients “at the forefront of the waiting list for these treatments and new technologies.”
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SEC Health: “NHS is not on the table” in the United States talks
This was not mentioned in the Thursday announcement.
However, Sir Kerr said that as part of the deal, the UK obtained “preferential treatment, whatever happens in the future” when it comes to medicines, and Mr. Trump is considered to be importing taxes on medicines and medicines.
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Film tariffs
Mr. Trump also The possibility of cinematic definitions describedDespite like medications, no details have been announced.
Sir Kerr said that the film tariff was not included in a deal on Thursday because it is not currently present, but “of course we discuss it with the president’s team.”
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Technology
Previous speculation indicates that the UK will review the digital services tax as part of a deal, with the tax apply mainly to American technology companies.
However, this is still unchanged.
Instead, the two sides agreed to work on a digital trade deal “will return the paper business of British companies trying to export to the United States – the UK has opened up to a huge market that would put missile reinforcements on the British economy,” says Downg Street.
Sir Kerr also confirmed that there is nothing in the deal that affects freedom of expression, after US Vice President JD Vance and other European governments criticized its approach.
