💨 Abstract

The U.S. and Britain announced a trade deal that will reduce U.S. tariffs on British cars and steel. The U.S. will maintain a 10% duty on most U.K. imports, but U.K. cars (up to 100,000 annually) will face a 10% tariff, down from 27.5%. steel will enter the U.S. duty-free.

Courtesy: wtop.com

Summarized by Einstein Beta 🤖