A deal removing some trade barriers between the UK and US has been signed off by President Donald Trump.
The move will bring into force parts of an agreement agreed between the two countries last month, and reduce tariffs on UK cars being shipped to the US.
It comes after weeks of talks to implement parts of the pact, which the UK government hopes will shield British businesses from the impact of Trump’s tariffs.
But the deal includes a 10% levy on most UK goods, including cars, and did not address the expected removal of charges on steel imports.
Speaking at the G7 summit in Canada, Prime Minister Sir Keir Starmer called the move a “very important day” for both countries.
The pact, initially agreed last month, is the first the White House has announced since it imposed wide-ranging tariffs on various goods entering America earlier this year.
Trump has raised taxes on goods entering the US, in a series of rapid-fire announcements in an attempt to encourage businesses and consumers to buy more American-made goods.
It sparked financial turmoil and alarm around the world, including in the UK, where car manufacturers and steelmakers rely on the US as a key destination for exports.
Credit: bbc