Trump and Shuker Announce Finalization of UK-US Trade Agreement, Opening Comprehensive Cooperation in Beef, Aluminum, Steel, Aerospace, and Semiconductors

US President Trump and UK Prime Minister Keir Starmer Announce 25-Year Bilateral Trade Agreement

US President Trump and UK Prime Minister Keir Starmer jointly announced this morning, on May 9, at the White House, the finalization of a 25-year bilateral trade agreement. This agreement encompasses industries such as agriculture, automobiles, steel and aluminum, aerospace, and technology. Trump described this as a “remarkable agreement,” while Starmer emphasized that it marks a turning point in the “alliance of national security and economy.”

US-UK Trade Agreement Finalized: Opening Markets and Eliminating Unfair Barriers

Trump stated that the UK will significantly open its markets:

• Comprehensive imports of US beef, ethanol, agricultural products, and machinery
• Commitment to eliminate non-tariff barriers that were previously unfavorable to the US
• Accelerated customs clearance process for US goods

The steel and aluminum industries will also see a resurgence, with the UK government nationalizing British Steel to meet US national security requirements. The US will maintain a low 10% tariff on UK automobiles (down from 25%), protecting job opportunities in UK car manufacturers.

Trump and Starmer’s Key “Icebreaking” Dialogue

Trump emphasized that this agreement was personally fostered, as he and the UK Prime Minister had numerous private dialogues before reaching a breakthrough. The UK also highly praised the efficiency of US negotiations, stating that the overall agreement was completed in 45 days, a “miraculous progress” that had not been achieved for many years.

Deep Cooperation in Technology, Chips, and National Security

In addition to traditional products, both parties indicated that they will strengthen cooperation in high-tech industries such as technology, AI, and semiconductors in the future. The UK mentioned that the US and UK are currently the only two Western countries with a “trillion-dollar technology industry,” which creates ideal conditions for establishing an economic security alliance.

Trump also noted that the US is experiencing a wave of reindustrialization investment at the level of $10 trillion, particularly in chip and automobile manufacturing. He criticized past presidents for allowing industries to flow out, but now, through tariff policies, manufacturing is returning.

“The UK market was actually very closed in the past,” says Trump: “Now it’s finally opened!”

Trump admitted that he previously did not understand that the UK market was quite closed and had many unseen restrictions on US goods. He emphasized that this agreement will provide the UK people “more affordable choices,” benefiting both parties.

In response, US Secretary of Commerce Howard Lutnick stated:

• This agreement is expected to create $5 billion in new opportunities for US exporters.
• The existing 10% basic tariff will continue to generate $600 million in revenue for the US.

Key Details Revealed! Comprehensive Inclusion of Automobiles, Steel and Aluminum, Aerospace, and Pharmaceuticals

• The UK will export 100,000 cars to the US, paying only a 10% tariff.
• The US will export Rolls-Royce aircraft engines and parts, enjoying tariff exemptions.
• The UK will purchase $10 billion worth of Boeing aircraft, with details released by British Airways.
• Both parties agreed to cooperate on national security certifications for pharmaceuticals, steel and aluminum, aircraft, and agricultural supply chains.

Reporters Question Key Issues, Trump Responds One by One

• Regarding imports of US beef and chicken: Trump emphasized that US beef is the best quality in the world, and agricultural advisor Rollins stated that negotiations with the UK will continue based on scientific standards.
• Will there be negotiations with Europe as well? Trump mentioned that the EU is very unfair to the US, but they are eager to talk and will arrange separately.
• Trade with China and weekend negotiations: He stated that discussions with China will not merely be casual greetings, but real talks, hoping for fair competition in the future.
• Will the 10% tariff become a rule? Trump replied, “10% is just the starting point,” indicating it could be higher for other unfair trading countries.

Orders, Investments, and Reforms Coming Together: Trump Says the US Will Return to Manufacturing Glory

In the latter part of the press conference, Trump emphasized that the US has attracted nearly $10 trillion in investment, particularly focused on the chip and automobile industries. He hinted at further initiating significant infrastructure projects and aerospace system upgrades, preparing to collaborate with major companies like Raytheon and IBM to build “the world’s most advanced aerospace systems.”

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