The U.S. and UK announced a trade deal as President Donald Trump and UK Prime Minister Keir Starmer signed an agreement at the G7 Summit in Canada, lowering certain tariffs and setting new quotas for British exports to the U.

The deal leaves intact Trump’s new 10% baseline tariffs, but allows limited exemptions from Trump’s 25% tariff on foreign-made cars and 50% tariffs on steel and aluminum.

President Trump is in Canada on Monday for the Group of Seven economic summit, as his aides will be negotiating with those same allied nations over the tariffs he's imposed.The summit, which is taking place just outside of Calgary,

US President Donald Trump and UK Prime Minister Keir Starmer signed a new US-UK trade deal at the G7 Summit, aiming to cut tariffs and boost market access. While tariffs on cars, beef, and ethanol are set to drop,

President Donald Trump and British Prime Minister Keir Starmer signed a bilateral trade agreement Monday at the G7 Summit, formally reducing tariffs on select sectors while leaving critical steel and aluminum import quotas undetermined.