Learn English: New U.S.-U.K. Trade Deal Announced (hard)

22 hours, 45 minutes ago

New U.S.-U.K. Trade Deal Announced

President Trump declared a new trade agreement with the United Kingdom, easing some tariffs between both nations.

This deal, touted as the first of many, aims to strengthen the already close economic ties between the U.S. and U.K.

While some tariffs will be reduced, a 10 percent levy on British goods remains in effect for the time being.

Further negotiations are planned to finalize the agreement's specifics and resolve any outstanding disagreements.

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Source

Original: NY Times (Business)

Tags

#US-UK Trade Deal #Trump Administration #International Trade #Tariffs #Global Economics

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