US President Donald Trump appears poised to revisit his firm stance on tariffs, which he had previously declared would allow for "no exceptions or exemptions." The shift follows recent trade discussions between Trump and UK Prime Minister Keir Starmer at the White House, which have reignited hopes of a new trade agreement between the two nations.
Reports indicate that the potential deal could prevent the imposition of additional US tariffs on the UK, as well as safeguard the US from retaliatory tariffs often threatened by the UK. This would mark a significant change in the trajectory of US-UK trade relations.
Trump had recently imposed 25 percent tariffs on steel and aluminum imports from trading partners, including the UK, that had previously benefited from duty-free exemptions or tariff-rate quotas. The president had made it clear that there would be no exceptions to this policy, a stance that now seems to be under reconsideration following the high-level talks.
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