President Trump and Prime Minister Keir Starmer of Britain said on Monday that they had finalized their trade agreement to lower tariffs on British cars, steel and aluminum, and aerospace equipment, making good on parts of a deal they struck last month to lower barriers on some British goods.
In an executive order issued moments after the two leaders made the announcement at the Group of 7 summit in Canada, Mr. Trump lowered the U.S. tariff on British cars to 10 percent, from 25 percent, and ordered that the United States let a certain amount of British steel and aluminum into the U.S. tariff-free.
The order also lowers tariffs on some airplane parts, which British officials say will benefit British aerospace manufacturers.
“We just signed it and it’s done,” Mr. Trump told reporters. He praised Mr. Starmer’s negotiating skills, saying, “He’s done a very, very good job. You know, he’s done what other people — they’ve been talking about this deal for six years, and he’s done what they haven’t been able to do.”
Mr. Starmer, standing next to Mr. Trump, called the agreement “really important” and added, “This is a very good day.”
In a brief statement, the White House said that the Commerce Department will still need to set a quota for the volume of British steel that can enter the country tariff-free under the agreement the countries reached in May. Mr. Trump had raised tariffs on all foreign steel products to 50 percent earlier this month. Asked by a reporter on Monday if U.S. tariffs on British steel would go to zero, Mr. Trump responded, “We’re going to let you have that information in a little while.”
When an agreement between Mr. Trump and Mr. Starmer was first announced in May, it was short on details and left many topics to be negotiated. It did say that Britain would drop its tariffs on U.S. beef, ethanol, sports equipment and other products, and buy $10 billion of Boeing airplanes, while the United States said it would pare back tariffs on cars and steel but leave a 10 percent levy in place for all other British exports.
At the time, the countries did not say when those provisions would go into effect.
Mr. Starmer’s office said in a statement that the agreement “will save hundreds of millions annually for plane and carmakers with lowered tariffs and protect tens of thousands of jobs across both sectors.” The statement added, “This deal is a huge win for the U.K.’s world-class aerospace sector currently facing additional 10 percent tariffs, helping make companies such as Rolls-Royce more competitive and allowing them to continue to be at the cutting edge of innovation.”
The announcement still leaves uncertainty over other topics that negotiators from the countries continue to discuss. That includes the U.S. response to digital service taxes levied by the U.K. government against American tech firms, as well as other tariffs Mr. Trump expects to impose on products like pharmaceuticals.
Mr. Trump hinted that he might make more trade announcements while he is at the summit Monday and Tuesday.
“We have other — many, many other ones coming,” he said.
The president announced tariffs on dozens of countries in early April, then paused those taxes for 90 days to allow for trade negotiations. His advisers have been holding trade talks with 18 governments that hope to reach deals before the tariffs snap back into effect July 8.
Speaking before Congress last week, Scott Bessent, the Treasury secretary, said that countries that were “negotiating in good faith” could get more time. The Trump administration could “roll the date forward to continue good faith negotiations,” he said.
The G7 meetings in Canada provide an opportunity for several of America’s closest trading partners to push for a trade truce. Earlier on Monday, Prime Minister Mark Carney of Canada and Mr. Trump met behind closed doors. In a readout of the meeting provided by Mr. Carney’s office, the two leaders agreed to try and reach a negotiated trade deal within the next 30 days.
Mr. Trump also sat down with the European Commission president, Ursula von der Leyen, on Monday at her request, the White House said.
In a social media post Monday, Ms. von der Leyen said that the summit was “an opportunity for good and deep talks between partners” and that she and Mr. Trump had instructed their teams to “accelerate their work to strike a good and fair deal” on trade.
Ana Swanson covers trade and international economics for The Times and is based in Washington. She has been a journalist for more than a decade.
Michael D. Shear is a senior Times correspondent covering British politics and culture, and diplomacy around the world.
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