00:00The U.S. and U.K. have signed a trade deal, the first to be secured since the Trump administration
00:08announced sweeping global tariffs on foreign goods.
00:12The deal eases trade barriers on a few specific sectors, meaning it is not a wide-ranging trade pact.
00:20With this deal the U.K. joins the United States in affirming that reciprocity and fairness
00:26is an essential and vital principle of international trade.
00:31The deal includes billions of dollars of increased market access for American exports,
00:37especially in agriculture, dramatically increasing access for American beef, ethanol,
00:43and virtually all of the products produced by our great farmers.
00:49U.K. Prime Minister Keir Starmer emphasized the strong bond between the two countries,
00:54saying it was fitting that the deal was sealed on VE Day.
00:57As you say, Donald, the timing couldn't be more apt because not only was it 80 years ago today
01:07that victory came for Europe after and at the end of the Second World War,
01:14but of course on that day the U.K. and the U.S. stood together as the closest of allies.
01:20In return for increased market access to American products,
01:24the U.S. will remove its 25% tariff on steel and aluminium,
01:28which Trump imposed on all foreign imports of these metals.
01:32Although Trump is referring to the breakthrough as a full and comprehensive deal,
01:36experts stress that this exaggerates the scope of the agreement.
01:40Trump also conceded that there is still work to do,
01:43and that the deal will be concluded in the coming weeks.
01:47The three major parts of the second World War is very hard on this.
01:49The U.S. will be concluded in the coming weeks before the early months.
01:50When we first started creating a new unit,
01:51to fill out the first universe,
01:52which has been discussed while the first one isым,
01:53to fill out the second world in the coming weeks.
01:54The U.S. will be fingered and made the most of the first world,
01:56the U.S. will be even more apt at the same time.
01:57The U.S. will be Spectrum's.
01:59The U.S. will be credited by the U.S.
02:01The U.S. will be credited with the Tupetite and the United States,
02:02which will be the second part of this year.
02:03And we will see quite a bit.
02:10The U.S. will be credited with their hands to the UN clearance,
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