US and UK sign a trade deal, but steel imports are still in question
US and UK sign a trade deal, but steel imports are still in question
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US President Donald Trump and British Prime Minister Keir Starmer announced a trade deal at the G7 summit that reduces tariffs on UK auto and aerospace imports. While the agreement is seen as beneficial for both countries, discussions on steel production and pharmaceuticals are ongoing. The deal aims to protect jobs and boost the UK automotive industry, but the steel sector remains under scrutiny due to high production costs and competition from China.
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