Anabelle Colaco
19 Jun 2025, 12:30 GMT+10
KANANASKIS, Alberta: With key tariff deadlines approaching, British Prime Minister Keir Starmer said this week that finalizing the U.S.-UK trade agreement was now in its last phase and should be completed "very soon."
Speaking ahead of his meeting with U.S. President Donald Trump on the sidelines of the G7 summit in Canada, Starmer emphasized the importance of completing the deal.
"I'm certainly seeing President Trump today, and I'm going to discuss with him our trade deal," Starmer told reporters at the summit in Kananaskis, Alberta.
"I'm very pleased that we made that trade deal, and we're in the final stages now of implementation, and I expect that to be completed very soon."
The U.K. was the first nation to secure a tariff-reduction agreement under Trump's second term. The deal includes U.S. concessions on imports of British cars, aluminum, and steel, while Britain agreed to lower duties on American beef and ethanol.
Although agreed last month, the implementation of the pact has faced delays as negotiators work through final details.
Under the deal, the U.S. will drop the 25 percent tariffs on British steel and aluminum — but only within set quotas and if the imports meet U.S. supply chain requirements.
While the agreement spared Britain from facing blanket tariffs of up to 50 percent recently imposed on other countries, that exemption could expire after July 9 if implementation is not completed in time.
Get a daily dose of Calgary Monitor news through our daily email, its complimentary and keeps you fully up to date with world and business news as well.
Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to Calgary Monitor.
More InformationNew Delhi [India], June 19 (ANI): India has achieved its strongest-ever performance in the QS World University Rankings 2026, with...
MEXICO CITY, 19th June, 2025 (WAM) -- H.H. Sheikh Abdullah bin Zayed Al Nahyan, Deputy Prime Minister and Minister of Foreign Affairs,...
New Delhi [India], June 19 (ANI): The Central Bank of the UAE (CBUAE) has decided to keep its key interest rate unchanged, following...
New Delhi [India], June 19 (ANI): India's foreign engagements have entered a new phase of dynamism and purpose, driven by its commitment...
By Reena Bhardwaj Washington, DC [US], June 19 (ANI): Former Pentagon official and a senior fellow at the American Enterprise Institute,...
Seoul [South Korea], June 19 (ANI): North Korea on Thursday condemned Israel's recent air strike on Iran as a 'hideous act of aggression'...
KANANASKIS, Alberta: With key tariff deadlines approaching, British Prime Minister Keir Starmer said this week that finalizing the...
BANFF, Alberta: The recent G7 summit has convened for the second and final day in the picturesque Canadian Rockies amidst escalating...
CALGARY, Alberta, Canada - U.S. President Donald Trump has announced he is leaving the G7 summit after just one day, and after refusing...
Varanasi (Uttar Pradesh) [India], June 19 (ANI): Following Prime Minister Narendra Modi's visit to Canada and meeting with Canadian...
New Delhi [India], June 19 (ANI): AAP MP Vikramjeet Singh Sahney on Wednesday praised Prime Minister Narendra Modi and Canadian Prime...
Ottawa [Canada], June 19 (ANI): For the first time ever, Canada's premier intelligence agency, Canadian Security Intelligence Service...