Visiting the factory today and from where he made a video conference with Trump, Starmer said that a partial contract was “an amazing platform for the future.”
Before the employees of the car assembly plant, Starmer said that the contract “significantly decreases from 27.5 to 10 percent of the tariffs for cars we export -[which is] So important for JLR, in fact for the sector, but in particular JLR, who sell so many cars to the American market. “
Escaping for British export-illuminating most of the food, which is a sore point in Great Britain, and consumers steadfastly opposed to the import of American “chlorine” chickens and beef fed with hormones (American secretary of agriculture Brooke Rollins said at an office office office praised as a benefit of Brexit According to people talking about Great Britain, leaving the European Union and who believe that Great Britain should join the US more.
Writing on your website on social media, Social truthIn the early hours and before the official unveiling of the contract in the oval office, President Trump wrote that the trade agreement with Great Britain, “a large, very respected country”, is “full and comprehensive, which will strengthen the relations between the United States and Great Britain for many years.”
According to the Council regarding “mutual tariffs” displayed in the Oval Office, the United Kingdom would reduce its tariffs on the US from 5.1 percent to 1.8 percent. AND White House information sheet He says about the “historical trade agreement” that “the initial golden age of a new opportunity for American exporters and equalize the fields of American producers.”
Both sides worked on agreeing on lower tariff amounts to steel and cars exported from Great Britain. In return, Great Britain agreed to lower the tariffs to American cars. It is also expected that Great Britain will boost a 2 % digital sales tax that affects American technology titans such as Meta, Google, Apple and Amazon.
European car manufacturers, especially German, may be surprised that Trump’s administration is currently ongoing to apply 25 percent of tariffs on cars made in the EU. In 2018, Trump told French President Emmanuel Macron That he didn’t want Mercedes from Fifth Avenue in Recent York. Then, in November last year, German Chancellor Angela Merkel He told Italian news with messages Corriere della cheese that Trump “was obsessed with the idea that there were too many German cars in New York.”
European car manufacturers will look jealously, preparing to continue the contract with the entire EU. Stellantis, Volvo and Mercedes withdrew their financial guidelines for a year last month, blaming the uncertainty related to the change in American policy about import fees. Stellantis is based in Amsterdam, but it is also partly American and is an example of how many car brands now come on the international arena. He is the owner of Fiat from Italy, but also Chrysler and other allegedly American Dodge, Jeep and RAM brands.
The United States is the most critical export location of cars made by the EU. In 2023European car manufacturers exported the US and components worth $ 58 billion, which is 20 percent of the total EU car export value and supporting almost 14 million European jobs.
Trump’s tariff war does not only affect foreign car manufacturers. General Motors warned against $ 5 billion Struck from fees, despite the fact that Trump offers relief to cars to soften the impact of its tariffs. Yesterday Volvo announced that it will reduce 5 percent of jobs at the Charleston factory in southern Carolina, because it still assesses the impact of tariffs.