The pact, unveiled by Trump from the Oval Office and hailed by Starmer via teleconference as a “historic day,” lowers British tariffs on American products from 5.1% to 1.8% and opens greater access to U.S. exporters in several key sectors. Tariffs on UK steel fall to zero, while British tariffs on U.S. ethanol and beef imports will also be lifted, within strict volume limits and without changes to food safety standards. The deal comes as Starmer’s government, under pressure from stagnant economic growth and mounting political challenges at home, seeks to balance post-Brexit relations with the U.S., EU, and China. “But don’t expect them to result in overnight euphoria.”Britain this week also signed a separate free trade deal with India. U.S. and Chinese officials are scheduled to meet in Switzerland on Saturday to discuss trade tensions, with tariffs on Chinese imports still set at 145%.