Trump signs order confirming parts of UK-US tariff deal

UK and US reach tariff agreement

US President Donald Trump has signed an order confirming parts of a tariff agreement with the UK, fulfilling a promise made during his state visit last week. The deal will allow the UK to continue charging tariffs on US goods for up to five years after it leaves the EU. It will also ensure that UK companies can continue to enjoy preferential access to US markets. The text of the deal has not yet been made public, but it is expected to cover a wide range of industrial and agricultural products. This development is being seen as a sign of continuing close relations between the two countries.

What's next

The UK is expected to request similar exemptions from the EU for its future trade agreements. The next step is for the US-UK-Canada Trade Agreement (TACA) to be approved, which could be a complicated process. The agreement will need to be approved by all 30 signatories before it can come into effect. The text of the deal will be made public once it has been approved by all parties.