Trump and Strandmer celebrate historical trade deals: tariffs sink, jobs rise!

Trump and Strandmer celebrate historical trade deals: tariffs sink, jobs rise!

In an exciting turn on the international trading stage, the United States and Great Britain have completed a new trade deal that makes large waves. US President Donald Trump, who targets a "fair and job creator" with his pact, described the agreement as an enormous success. The British Prime Minister Keir Strandmer, on the other hand, sees a "very good day for our two countries" this day and emphasizes the positive aspects that this agreement will bring. The trading pact was launched at the beginning of May 2023 and is the first trade agreement of the USA with an important partner since the introduction of tariffs in April 2023, such as [Verlagshaus-jaumann.de] (https://www.verlagshaus-jaumann.de/inhalt.treffen-in-kanada-and-grossbritannien-belen-handelpakt-voran.

What does that mean specifically? The customs set for up to 100,000 British vehicles is drastically reduced from 25 to 10 percent. For most export goods from Great Britain, US tariffs of 10 percent apply, while 25 percent are currently being raised on steel, aluminum, cars and auto parts. There will be special relief for American beef and ethanol that imported Britain. Trump sees this not only an economic, but also a political importance for national security and the creation of new jobs in the USA.

growth and cooperation

In recent years, company bosses and investors have urged trade agreements to reduce the effects of the high tariffs on cars, steel and products from China. The new pact opens up the American agricultural products and chemicals easier access to the British market. Great Britain is also planning to buy aircraft on a large scale from the USA. Trump announces that many other trade deals are already at an advanced stage, which ensures additional impetus, such as tagesschau.de.

The negotiations on this contract, which lasted over five years, have become necessary due to the Brexit and the resulting new trade conditions. Great Britain has established itself as the ninth most important trade partner in the USA, with a trading volume of around 130 billion euros in the previous year. As part of the new agreements, it is expected that the imports of US meat will increase to Great Britain, of course, taking into account security standards. The trade balance between the two countries remains largely balanced.

a historical moment?

Trump announced the agreement as "complete and comprehensive" and characterized it as historical. This ensures mixed reactions - while Stander evaluates the deal as a profit for Great Britain, there are concerns that this agreement could hinder the approach to the EU. An EU-AK summit for deepening relationships is already scheduled for May 19. The trade deal between the USA and Great Britain could not only strengthen the economic relationships between the two countries, but also have far-reaching political consequences, such as zdf.de.