UK, US agree on trade deal framework

cbsnews.com

The United Kingdom and the United States have finalized a trade deal framework, including agreements on steel, aluminum, cars, and beef, according to Ambassador Peter Mandelson. The deal removes a 20% tariff on U.S. beef and increases import quotas. Mandelson stated the deal is finalized and reflects a strong relationship between the two countries. He expressed confidence in the U.S. honoring the agreement and hopes to build on it, including a technology partnership. The Ambassador also addressed concerns about potential tariffs on films. Regarding the Russia-Ukraine conflict, Mandelson said the UK views Russia's actions as unserious, despite a proposed ceasefire. He suggested the U.S. may need to consider further sanctions against Russia to encourage negotiations.


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