On Thursday, President Donald Trump got to finally have an announcement on trade for the first time since he began his global trade war, as he announced an agreement with the United Kingdom.
The agreement will slash Trump’s tariffs that he announced on “Liberation Day,” specifically seeing tolls on British cars down from 27.5 percent to 10 percent and eliminating tariffs on steel and aluminum. In exchange, UK tariffs on ethanol would be eliminated and US beef imports will increase, if all goes to plan.