The United States and the United Kingdom have reached a trade deal, but the details have yet to be worked out

On May 9, Trump announced at the White House on the 8th that the United States and the United Kingdom reached a new trade agreement, partially withdrawing tariffs in specific areas and further expanding market access for products from both sides. According to the document released by the White House, the first 100,000 cars exported from the United Kingdom to the United States every year will be taxed at an additional tariff rate of 10%, and the excess part will be taxed at an additional tariff rate of 25%. The United Kingdom will reduce or eliminate non-tariff barriers to expand market access for US beef, ethanol, grain and other products and some industrial products. The British government said in a statement on its official website on the same day that tariffs on steel and aluminum products exported from the United Kingdom to the United States will be cancelled. The tariffs on cars imported from the United Kingdom to the United States will be reduced from the current 27.5% to 10%. In addition, there will be zero tariffs on British agricultural exports to the United States within certain quotas. The UK will reduce tariffs on ethanol imports from the United States to zero. In addition, the White House stressed that the 10% so-called "reciprocal tariffs" previously imposed by the United States on trading partners will remain in place.