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US and UK to announce deal to reduce tariffs | BBC News
Posted
May 8, 2025
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May 8, 2025
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6:23Now PlayingThe US and the UK is set to announce a deal to reduce tariffs.
On Wednesday night, US President Donald Trump said there would be a "big" news conference at 10:00 (15:00 BST) to announce a "major trade deal" with a "highly respected country".
Downing Street said UK Prime Minister Keir Starmer will provide an update shortly.
Currently, most goods imported to the US from the UK face 10% tariffs, with higher rates on steel, aluminium, and cars - the UK also charges tariffs on some US goods.
The deal could see reduced tariffs for cars entering the US and UK, and a cut in the digital sales tax on US firms.
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