Donald Trump announces US-UK trade deal: US to cut tariffs on cars from 25% to 10%; UK to lower barriers on US exports

The new US-UK trade deal will lower non-tariff barriers on US beef, ethanol, machinery, and chemicals, unlocking $5 billion in export opportunities. Tariffs on British cars entering the US will drop from 25% to 10%, though the 10% general tariff stays.

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