Donald Trump removes the 25% tariff on UK steel and aluminium, and immediately cuts the rate on most car exports from 27.5% to 10%
The lower car rate applies to the first 100,000 vehicles exported from the UK to the US each year – 101,000 were exported last year
In return, the UK government says it’s removing the tariff on ethanol for US goods, and agrees “reciprocal market access on beef”
UK PM Keir Starmer called it a “fantastic, historic” day, as he joined the Oval Office news conference via phone
For Trump, this is a much-needed “win” on tariffs – and he sounds triumphant, our reporter in the White House says
The 10% tariff, announced on Trump’s “Liberation Day” last month, still applies to most other UK goods entering the US
Conservative leader Kemi Badenoch says the UK has been “shafted”
