The United States has agreed to lower import taxes on a limited number of British vehicles while allowing certain UK steel and aluminum shipments to enter tariff-free. The move provides partial relief to major UK industries harmed by tariffs imposed by President Donald Trump, BBC reported.

Despite the agreement, most UK goods will continue to be subject to a 10 percent tariff. No formal agreement was signed, and little specifics have been revealed, leading analysts to believe the accord does not significantly alter pre-existing trade rules.

Speaking at a Jaguar Land Rover factory in the West Midlands, UK Prime Minister Keir Starmer praised the accord as a "fantastic platform" that safeguards jobs in critical sectors. He highlighted the strength of the UK-US alliance, as stated by BBC.

President Trump described the deal as a “great” achievement, insisting it would expand further in the future.