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The US and UK have signed a trade agreement reducing tariffs on British auto and aerospace imports, promising economic benefits while steel tariff discussions continue.
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U.S. automakers criticize a new trade deal with the UK, highlighting concerns over its impact on the domestic auto industry due to favorable terms for British imports.
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British PM Keir Starmer is optimistic about reducing U.S. tariffs on British steel imports to zero, following a bilateral agreement with the U.S. to avoid a potential increase to 50% by July.
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The British steel industry is awaiting detailed information on the timeline for the removal of US tariffs, as outlined in a recent trade agreement promising to reduce duties from 25% to 0%.
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Tesco chooses to keep sourcing beef from the UK and Ireland, ignoring a new US-UK trade deal that allows American beef imports.
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United Kingdom's main stock market index, the GB100, rose to 8823 points on July 3, 2025, gaining 0.55% from the previous session. Over the past month, the index has climbed 0.25% and is up 7.06% compared to the same time last year, according to trading on a contract for difference (CFD) that tracks this benchmark index from United Kingdom. United Kingdom Stock Market Index (GB100) - values, historical data, forecasts and news - updated on July of 2025.
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British Airways' $10 billion order for 32 Boeing 787 jets strengthens UK-US trade relations and highlights the resilience of the North Atlantic travel market.
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Jaguar Land Rover pauses U.S. shipments to evaluate the impact of a 25% tariff on imported vehicles, affecting the UK automotive industry.
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Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
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The US and UK have signed a trade agreement reducing tariffs on British auto and aerospace imports, promising economic benefits while steel tariff discussions continue.