Inside Trade

May 23, 2025

UK trade announcement met with mixed U.S. industry response

By David LaRoss  / May 8, 2025 at 6:02 PM
Industry groups are giving a cool response to President Trump’s newly announced trade agreement with the United Kingdom, saying that while any progress on negotiations is welcome after recent tariff escalations, the terms outlined Thursday are “narrow” and leave several key subjects undecided -- though top U.S. officials are touting it as a model for future talks. “I think [it] seems to be clear that that this is a fairly narrow deal . . . that, as [UK] Ambassador [Peter]...

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