Starmer says tariffs will probably be reduce from 27.5% to 10% on 100,000 automobile exports to US yearly
Keir Starmer is at a Jaguar Land Rover manufacturing facility. Summing up the deal, he says:
This can be a deal that may shield British companies and save 1000’s of jobs In Britain, actually necessary, expert, properly paid jobs. It is going to take away tariffs on British metal and aluminium, lowering them to zero. It is going to present very important assurances for our life sciences sector, so necessary to our economic system, and grant unprecedented market entry for British farmers with out compromising our excessive requirements.
And he says the deal means US tariffs on vehicles from the UK will probably be reduce from 27.5% to 10% for 100,000 automobiles yearly.
He claims that, as he negoiated the deal, he stored his concentrate on the wants of automobile employees.
In politics, what issues typically is who you’ve gotten in your thoughts’s eye whenever you’re making these offers. Who do you’ve gotten in your thoughts’s eye whenever you’re taking choices? However what I took away from right here final time [I was here] was you and the sensible work that you simply do, and had you in my thoughts’s eye as we did that.
Key occasions
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NFU says 2 agricultural sectors having to bear ‘heavy burden’ to allow removal of tariffs in other sectors
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Trade minister gives statement to MPs on trade deal, after Speaker blocks bid to postpone it until next week
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Trade deal with US takes UK ‘back from the brink’, says TUC
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‘We’ve just been shafted’ – Badenoch denounces US-UK trade deal
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Starmer reveals call with Trump last night about trade deal meant he missed part of Arsenal match
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Starmer says he trusts Trump to stick to deal he has agreed
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Starmer ducks question about whether, despite deal, UK still worse off due to Trump’s tariffs
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Starmer says ‘rejecting allies’ will never be his approach to dealing with other countries
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Starmer says tariffs will be cut from 27.5% to 10% on 100,000 car exports to US every year
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Trump defends calling trade deal comprehensive, saying it’s ‘maxed-out deal’
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Mandelson says deal will be ‘springboard’ to technology partnership
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Starmer says US-UK deal will be ‘incredible platform for future’
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Trump says he is ‘thrilled’ to announce trade deal with UK
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John Swinney says he will vote against Scottish assisted dying bill
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Disability benefit cuts impossible to support, 42 Labour MPs tell Starmer
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No 10 declines to repeat Trump’s claim UK-US trade deal will be ‘full and comprehensive’
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Former Tory chief whip praises Starmer for his ‘patient, mediation-led’ approach to handling Trump
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Bank of England governor Andrew Bailey says it’s ‘excellent’ to hear UK and US have agreed trade deal
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Experts suggest US-UK trade deal won’t be as comprehensive as Trump claims
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UK interest rates fall to 4.25% as Bank of England announces a quarter-point cut
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Ministers say food standards have been ‘red line’ in trade talks with US
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Labour should mutualise BBC, says thinktank
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Trump claims UK-US trade deal will be ‘full and comprehensive’
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Lucy Powell issues unequivocal apology for ‘dog whistle’ comment about grooming gangs
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Osborne right to say Badenoch has no ‘credible economic plan’, says Labour
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Steve Reed accuses Tories of weaponising tragedy after they claim farmers taking their lives due to inheritance tax
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Starmer says UK will get ‘defence dividend’ from government’s decision to boost MoD spending
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Starmer says acting in national interest has been priority in trade talks with US
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Green party joins Lib Dems in saying MPs must get vote on US-UK trade deal
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Agenda for the day
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Lib Dems: government should ‘not be afraid’ to put UK-US trade deal to vote in parliament
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Healey: ‘confident our negotiators will secure a good deal with the US’
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No 10 to give update on UK-US trade deal prospects later today
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Healey: ‘detailed talks’ over UK-US trade deal but ‘keen to give the negotiations space’
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Donald Trump expected to announce framework of US-UK trade deal
NFU says 2 agricultural sectors having to bear ‘heavy burden’ to permit removing of tariffs in different sectors
The Nationwide Farmers Union has welcomed points of the US-UK commerce deal, however expressed issues particularly in regards to the tariff on ethanol being lifted.
Tom Bradshaw, the NFU president, mentioned:
For a number of years, we’ve campaigned with the UK’s agricultural attachés in Washington for market entry for British beef, a product globally revered for its high quality and robust environmental credentials. These efforts have contributed to enabling the UK authorities to safe ring-fenced entry for British beef exports to the US.
Nevertheless, the inclusion of a major quantity of bioethanol within the deal raises issues for British arable farmers. We’ll be partaking carefully with our members to assist them perceive and put together for the potential influence.
Our largest concern is that two agricultural sectors [beef and ethanol] have been singled out to shoulder the heavy burden of the removing of tariffs for different industries within the economic system. Whereas we perceive this, we additionally know that at this time is the beginning, not the tip, of a course of and UK agriculture can not proceed to shoulder such imbalances in future negotiations.
Commerce minister offers assertion to MPs on commerce deal, after Speaker blocks bid to postpone it till subsequent week
Within the Commons Douglas Alexander, the commerce minister, is making a press release in regards to the US-UK commerce deal.
Alexander began by suggesting that, as a result of the announcement got here later than anticipated, he thought it could be “extra courteous” to ship the assertion on Monday.
Many MPs have gone house, and the chamber is comparatively empty.
Lindsay Hoyle, the Speaker, he objected. He mentioned earlier within the day he cancelled an pressing query on the commerce deal as a result of the federal government promised a press release, and he mentioned Alexander ought to go forward.
He additionally mentioned he would count on the federal government to observe up with full particulars on Monday.
Commerce take care of US takes UK ‘again from the brink’, says TUC
The TUC has welcomed the US-UK commerce deal. Paul Nowak, the TUC basic secretary, mentioned:
It’s proper that the federal government has taken pressing motion to guard good high quality jobs up and down the nation after Trump’s arbitrary tariffs threatened to take a wrecking ball to our automotive and manufacturing sectors.
This settlement takes us again from the brink and plenty of employees will breathe simpler consequently.
Nowak mentioned the TUC would wish to see the element of the deal earlier than coming to a fuller judgment.
He additionally mentioned the federal government ought to now concentrate on “securing a better buying and selling relationship with the EU”.
Commenting on the US-UK commerce deal, the Liberal Democrats restated their demand for MPs to get a vote on it. (See 9.23am). Ed Davey, the Lib Dem chief, mentioned:
In relation to any commerce deal – and particularly one with somebody as unreliable as Donald Trump – the satan will probably be within the element. One factor is obvious, Trump’s commerce tariffs are nonetheless hitting key British industries, threatening the livelihoods of individuals throughout the UK.
The federal government should now publish the complete particulars of this deal and provides MPs a vote. It will present full disrespect to the general public if this deal was waved by means of with out giving parliament a say.
Underneath the arrangements that decide how parliament approves treaties, there isn’t any assure that MPs get a vote on commerce offers. Within the US and the EU, Congress and the European Parliament do vote on commerce offers.
‘We have simply been shafted’ – Badenoch denounces US-UK commerce deal
Kemi Badenoch, who’s a fan of social media, has been studying Fact Social, the place Donald Trump has posted these messages in regards to the US-UK commerce deal.
Immediately is an unbelievable day for America as we ship our first Honest, Open, and Reciprocal Commerce Deal — One thing our previous Presidents by no means cared about. Along with our robust Ally, the UK, we now have reached the primary, historic Commerce Deal since Liberation Day. As a part of this Deal, America will increase $6 BILLION DOLLARS in Exterior Income from 10% Tariffs, $5 BILLION DOLLARS in new Export Alternatives for our Nice Ranchers, Farmers, and Producers, and improve the Nationwide Safety of each the U.S. and the UK by means of the creation of an Aluminum and Metal Buying and selling Zone, and a safe Pharmaceutical Provide Chain. This Deal exhibits that for those who respect America, and produce severe proposals to the desk, America is OPEN FOR BUSINESS. Many extra to come back — STAY TUNED!
Based mostly on these figures, Badenoch mentioned in a press release:
When Labour negotiates, Britain loses.
We reduce our tariffs — America tripled theirs.
Keir Starmer known as this ‘historic.’ It’s not historic, we’ve simply been shafted!
In reality, the UK was shafted in early April, when President Trump introduced his world tariffs. Immediately’s consequence quantities to a partial unshafting – however not a complete one, as Keir Starmer form of accepted throughout his Q&A. (See 4.33pm).
When Trump introduced his world tariffs, the Tories issued a information launch saying this was “disappointing information”. However they criticised Labour for not negotiating exemptions, they usually mentioned Britain was getting a Brexit bonus as a result of its tariffs had been decrease than the EU’s (a state of affairs that lasted solely per week, as a result of Trump subsequently suspended the extra tariffs that utilized to the EU).
Right here is the UK Division for Enterprise’s news release in regards to the US-UK commerce deal.
And right here is the White Home’s fact sheet about it.
Starmer reveals name with Trump final evening about commerce deal meant he missed a part of Arsenal match
Q: Have been you bounced into this at this time? You didn’t appear to be anticipating it at this time?
Starmer says he didn’t know the precise day this is able to be introduced. If he had deliberate it, he wouldn’t have had his ultimate cellphone name on the take care of Trump midway by means of the second half of the Arsenal match final evening, he jokes.
(Starmer is a big Arsenal fan. So this was a brand new revelation in regards to the sacrifices he has needed to make within the nationwide curiosity.)
Q: When will you get the ten% tariffs eliminated?
Starmer says he approaches negotiations in the identical means – staying within the room, negotiating respectfully.
He says he’ll stick with it like this.
However he urges individuals to not underestimate the importance of what has been agreed at this time. He says severe, pragmatic politics is “much better than performative politics, individuals slamming the door, floundering out, being performative, however not really delivering for working individuals.”
He’ll proceed like that, he says.
Starmer says he trusts Trump to stay to deal he has agreed
Q: How have you learnt President Trump received’t simply submit one thing on Fact Social ripping this all up?
Starmer says there’s a written textual content. He says he and Trump belief one another.
We respect one another, the president and I, and we belief one another, and have trusted one another by means of this course of, every of us mandating our negotiating groups to get one of the best deal for our respective international locations.
Q: [From ITV’s Robert Peston] Isn’t it extra necessary to enhance commerce relations with the EU?
Starmer says he doesn’t settle for the UK has to decide on between the US and the EU.
Starmer geese query about whether or not, regardless of deal, UK nonetheless worse off attributable to Trump’s tariffs
Starmer is now taking questions.
Q: [From the BBC’s Chris Mason] Is the UK higher off underneath this deal than it was six months in the past, earlier than President Trump launched his tariffs?
Starmer rejects the premise of the query.
The query you have to be asking is, is it higher than the place we had been yesterday?
And I feel for those who ought to come out whenever you completed asking me questions and speak to the workforce right here, as a result of what this does is to cut back to zero the tariffs on metal and aluminium. Look how necessary that’s.
Reduces massively from 27.5% to 10% of tariffs on the vehicles that we export – so necessary to JLR, really to the sector typically. However JLR particularly, who promote so many vehicles into the American market.
And naturally, it additionally consists of prescribed drugs, some actually necessary measures. Clearly, we don’t have tariffs but [in pharmaceuticals], however we’ve acquired throughout the deal considerably preferential remedy no matter occurs sooner or later. So that is massively necessary for our pharmaceutical sector as properly.
Along with that, we mentioned we had crimson strains on requirements, significantly in agriculture. We’ve stored to these requirements.
Starmer says ‘rejecting allies’ won’t ever be his strategy to coping with different international locations
In his opening remarks, Keir Starmer additionally included a passage greatest understood as a dig at Ed Davey (who has been repeatedly urging Starmer to distance himself from Trump). Starmer mentioned:
In recent times, an thought has taken maintain, that you simply in some way present your energy by rejecting your allies, that you simply shut the door, put the cellphone down …
I’ve had loads of individuals urging me to do this, relatively than keep within the room and battle for the pursuits of our nation.
And I need to be completely crystal clear, that’s not how this authorities operates. It’s by no means how we are going to function. We don’t storm off, we keep within the room and we negotiate.
Starmer says tariffs will probably be reduce from 27.5% to 10% on 100,000 automobile exports to US yearly
Keir Starmer is at a Jaguar Land Rover manufacturing facility. Summing up the deal, he says:
This can be a deal that may shield British companies and save 1000’s of jobs In Britain, actually necessary, expert, properly paid jobs. It is going to take away tariffs on British metal and aluminium, lowering them to zero. It is going to present very important assurances for our life sciences sector, so necessary to our economic system, and grant unprecedented market entry for British farmers with out compromising our excessive requirements.
And he says the deal means US tariffs on vehicles from the UK will probably be reduce from 27.5% to 10% for 100,000 automobiles yearly.
He claims that, as he negoiated the deal, he stored his concentrate on the wants of automobile employees.
In politics, what issues typically is who you’ve gotten in your thoughts’s eye whenever you’re making these offers. Who do you’ve gotten in your thoughts’s eye whenever you’re taking choices? However what I took away from right here final time [I was here] was you and the sensible work that you simply do, and had you in my thoughts’s eye as we did that.
President Trump continues to be talking within the Oval Workplace. There’s protection on our US reside weblog.
However Keir Starmer is now talking within the West Midlands.
Trump says the US is engaged on a take care of the EU.
However coping with the UK has been simpler, he says. He says this deal simply “fell into place”.
Brooke Rollins, the US agriculture secretary, says US beef is one of the best on the planet, and the deal is actually necessary for what it means for American farmers. She says she will probably be going to the US subsequent week.