What is the trade agreement between the US and the United Kingdom?

British officials believe that the Expected Trade Agreement with the United States will help reduce the effects of customs duties announced by US President Donald Trump, which shocked the global economy.

Trump has announced 25 percent of customs duties on all cars imported to the United States earlier this year, which has negatively affected British luxury car manufacturers such as “Rolls -Ross” and “Aston Martin”.

These fees have been added to the range of customs duties that have been implemented since April 2, including 10 percent of the general customs functions on British products.

Trade talks between the United Kingdom and the United States are continuing fast today, “Doning Street” today (Thursday) after announcing the “major trade agreement” with US President Donald Trump’s “great honor” country.

“The Prime Minister always strives for the national purposes of Britain – work for workers, business and families,” said British Prime Minister Kair Stormer. The United States is an inevitable friend of our economic and national security … fast negotiations between our two countries, and the Prime Minister will show the latest developments after today.

The British newspaper “The Independent” said reports suggested that the agreement could be included in the bet, excluding a certain number of British exports from the full influence of 25 percent of the fee imposed on the British car and the steel industry.

On the other hand, the UK concessions on the British Digital Services tax affecting major American technology companies, including “Meta” and “Amazon”.

The 2 % tax imposed in 2020 and 800 million pounds (about one billion) annually for the United Kingdom.

It may be part of the agreement, reducing fees on American agricultural products, and concessions on customs duties on American cars.