In a landmark economic breakthrough, President Donald J. Trump and British Prime Minister Keir Starmer announced a new comprehensive U.S.-UK trade agreement projected to generate over $11 billion in combined value.
The announcement came via coordinated speeches—Trump from the White House and Starmer from a Jaguar Land Rover facility—symbolizing renewed investment in industry, exports, and job protection across both countries.
Key Deal Metrics
Deal Component | Details |
---|---|
New Market Access for U.S. Exports | $5 Billion in U.S. agriculture and industrial goods |
Tariff Revenue for U.S. Treasury | $6 Billion via 10% tariffs on UK auto, steel, and consumer goods |
UK Tariff Reductions | Reduced from 5.1% to 1.8% on key U.S. exports |
U.S. Tariff Increases | Raised from 3.4% to 10% on targeted UK imports |
Auto Quota (UK to U.S.) | 100,000 vehicles per year, subject to 10% tariff |
Strategic Sectors | Steel, aluminum, pharmaceuticals, food, aviation, automotive |
UK Boeing Procurement | $10 Billion in U.S. airplane parts |
Supply Chain Agreements | Steel & Aluminum Trade Union; Pharma Resilience Initiative |
Trump’s Remarks: “America Is Open for Business”
Speaking at the White House press conference, President Trump declared:
“This is the first full and comprehensive trade deal of the modern era. It is fair, open, reciprocal—and it puts America first. Our past presidents never negotiated like this… They gave away the store.”
He outlined protections for U.S. industries against foreign dumping and emphasized major export boosts in beef, ethanol, cereals, textiles, and heavy machinery. Trump highlighted national security measures such as a joint Steel and Aluminum Trading Zone and a U.S.-UK pharmaceutical supply chain alliance.
Earlier on Truth Social, Trump wrote:
“Today is an incredible day for America… We will raise $6 BILLION in external revenue from 10% tariffs, $5 BILLION in new export opportunities, and enhance the national security of both the U.S. and the UK. This deal shows that if you respect America… America is OPEN FOR BUSINESS. Many more to come—STAY TUNED!”
Keir Starmer: “British Jobs Saved. Promise Delivered.”
UK Prime Minister Keir Starmer praised the agreement in a pair of official posts on X (formerly Twitter):
“Today I’ve secured a deal with the US that boosts British businesses and saves thousands of British jobs. I promised to protect British car makers and save our steel. This deal delivers on that promise.”
He addressed the British public from the Jaguar Land Rover plant, symbolizing renewed government backing for UK manufacturing. His full remarks were streamed live and can be watched here.
Market Response and Strategic Signals
According to The Hill, the UK sees this deal as a foundation for its post-Brexit economic realignment—securing market access without relying on EU intermediaries. In Washington, the U.S. Chamber of Commerce praised the agreement’s new incentives for farmers, ranchers, and manufacturers.
Markets reacted positively. CNBC reported gains across U.S. steel, defense, and pharmaceutical stocks. UK-based automotive stocks also surged, especially Jaguar Land Rover, due to export quota protections.
Conclusion: A Transatlantic Trade Reset
This marks the first bilateral trade pact under Trump’s second term and under Starmer’s leadership. Both leaders signaled the beginning of a new era of national sovereignty-driven trade realignment.
“If you respect America and bring serious proposals to the table, we’re ready to deal,” Trump said.
“This is what delivery looks like,” Starmer added.
The full text of the agreement is expected to be released within the week, with formal reviews pending in both U.S. Congress and the UK Parliament.
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