The US-UK trade deal has been signed and is ‘done’, US President Donald Trump has said after holding crunch talks with Sir Keir Starmer at the G7 summit.

The Prime Minister said the completed deal ‘implements on car tariffs and aerospace’, and described the agreement as a ‘sign of strength’ between Britain and America, with Trump saying it’s ‘fair’ for both nations.

While speaking to reporters on the sidelines of the summit, Trump waved and briefly dropped a document, which he said he had just signed, with Starmer quick to bend down and pick up the papers.

The US President told reporters in Canada ‘We signed it, and it’s done’, as he appeared to mistakenly say he had signed a ‘trade agreement with the European Union’ as he stood alongside Starmer.

He added: ‘It’s a fair deal for both. It’ll produce a lot of jobs, a lot of income.’

Starmer replied: ‘Donald, thank you very much. This now implements on car tariffs and aerospace. 

‘A really important agreement. And so this is a very good day for both of our countries, a real sign of strength.’

Starmer said the proclamation would implement agreements reached on automotive tariffs and aerospace, without providing any details.

The US-UK trade deal has been signed and is 'done', US President Donald Trump has said after holding crunch talks with Sir Keir Starmer at the G7 summit

The US-UK trade deal has been signed and is ‘done’, US President Donald Trump has said after holding crunch talks with Sir Keir Starmer at the G7 summit 

Starmer said the completed deal 'implements on car tariffs and aerospace', and described the agreement as a 'sign of strength' between Britain and America

Starmer said the completed deal ‘implements on car tariffs and aerospace’, and described the agreement as a ‘sign of strength’ between Britain and America 

Trump said the relationship with Britain was 'just fantastic,' as he waved, and briefly dropped, a document which he said he had just signed

Trump said the relationship with Britain was ‘just fantastic,’ as he waved, and briefly dropped, a document which he said he had just signed

There was a signal from Trump that agreement about tariffs on British steel exports to the US could take longer to finalise.

Asked if steel tariffs would be set to 0 per cent for the UK, the US President replied: ‘We’re gonna let you have that information in little while.’ 

In recent months, the UK has held a series of engagements aimed at securing a reduction in the tariffs Mr Trump imposed on Britain and the rest of the world on April 2.

Along with 10 per cent tariffs on all British goods, the president imposed 25 per cent levies on cars and steel.

He later increased the tariff on steel to 50 per cent, but gave the UK a reprieve, keeping its rate at 25 per cent until at least July 9.

Under the broad terms of last month’s agreement, the US will implement quotas that will effectively eliminate the tariff on British steel and reduce the tariff on UK vehicles to 10 per cent.

But it did not immediately take effect, leaving British businesses uncertain about whether the UK could be exposed to any surprise hikes from Trump.

When asked, Trump did say that the UK was ‘very well protected’ when questioned over whether Britain would be protected from any future tariffs.

Starmer said the proclamation would implement agreements reached on automotive tariffs and aerospace, without providing any details

Starmer said the proclamation would implement agreements reached on automotive tariffs and aerospace, without providing any details

Trump drops papers as he meets with Starmer on the sidelines of the G7 Summit

Trump drops papers as he meets with Starmer on the sidelines of the G7 Summit

Starmer is quick to pick the papers as the pair confirmed a trade deal has been signed

Starmer is quick to pick the papers as the pair confirmed a trade deal has been signed

Starmer bends to pick up the signed trade agreement after the US president dropped the document

Starmer bends to pick up the signed trade agreement after the US president dropped the document

Asked whether he could guarantee the country would be protected from any further levies, the US president said: ‘The UK is very well protected, you know why? Because I like them.’

Trump added that Starmer had done ‘what other people haven’t been able to do’ in securing a deal with the US, saying their relationship with Britain was ‘just fantastic’.

The US president told reporters: ‘The Prime Minister’s done a great job, I want to just tell that to the people of the United Kingdom.

‘He’s done what other people. They’ve been talking about this deal for six years. and he’s done what they haven’t been able to do.’

Prior to the meeting, the Prime Minister said that the agreement was top of the agenda when he sat down with Trump.

He insisted the deal would be done ‘very soon’ amid reluctance on the US side to sign off the finished version of a framework unveiled six weeks ago. 

This is a breaking news story. More to follow. 

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