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UK Races to Finalize US Trade Deal Before Trump's Tariff Deadline

Prime Minister Keir Starmer and President Trump are in last-minute negotiations to avoid 25% tariffs on UK automotive imports, with potential concessions on the table.

  • The UK government is urgently negotiating with the US to secure a trade agreement ahead of the April 2 'Liberation Day' tariff deadline announced by President Trump.
  • Trump's planned 25% tariffs on UK automotive imports could significantly impact the British economy if no deal is reached.
  • Prime Minister Keir Starmer and Business Secretary Jonathan Reynolds have engaged directly with US officials, including a recent phone call between Starmer and Trump.
  • The UK may consider scrapping its digital services tax on tech giants as a concession to secure a deal, though this could have domestic financial implications.
  • The potential agreement, described as an 'economic prosperity deal,' is critical for post-Brexit economic stability but must also avoid straining UK-EU trade relations.
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