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US and UK reach 'breakthrough' trade deal

Published on 9 May 2025 5:42:54 PM

US President Donald Trump and British Prime Minister Keir Starmer on May 8 announced that both nations had reached a "breakthrough" trade deal which will leave in place a 10% tariff on goods imported from the UK while Britain agreed to lower its tariffs to 1.8% from 5.1% and provide greater access to US goods.

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