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trade deal

  • Trump secures ‘big win’ in EU trade deal after Brussels retreats

    July 28, 2025

    President Donald Trump has achieved a “big win” after inking a trade agreement with the European Union following a months-long standoff between two of the world’s largest economic titans. The US President met with European Commission President Ursula von der Leyen in Scotland to continue trade discussions as part of his four-day private visit to [...]

  • UK and India sign £6bn trade deal

    July 24, 2025

    Keir Starmer and his Indian counterpart Narendra Modi have signed a trade deal worth an estimated £6bn, with the UK Prime Minister hailing the landmark agreement a “historic day” for Britain and India. The trade pact – the result of over three years of negotiations – will see tariffs on the whisky and cars that [...]

  • Andrew Bailey sets Donald Trump challenge on tariff plans

    July 16, 2025

    Bank of England Governor Andrew Bailey has set President Donald Trump a “constructive challenge” to explain contradictions in fiscal policies that threaten the world economy and financial stability.  In his Mansion House speech delivered to an audience of City leaders, Andrew Bailey defended the principles of free trade and post-war agreements to introduce multilateral systems [...]

  • Buy UK: City stocks set for boost from Trump’s trade war with EU

    July 14, 2025

    As the chaos around President Donald Trump’s erratic tariff agenda shows no sign of abating, brokers have thrown their weight behind UK stocks. Just this weekend, Trump threatened escalations with Mexico and the EU before slapping a 30 per cent levy on the 27-state bloc from August 1. But among the geopolitical noise, the UK [...]

  • Aston Martin tariff hit sinks UK car output to 76-year low

    June 27, 2025

    UK car production plunged to its lowest level since 1949 last month, as Aston Martin and other British carmakers halted exports to the United States amid president Donald Trump’s escalating trade war. Data released on Friday by the Society of Motor Manufacturers and Traders (SMMT) found that UK factories turned out just 49,810 cars and [...]

  • Jonathan Reynolds backs UK-India trade deal despite Tory tax backlash

    June 18, 2025

    As the UK and India move into the final phase of negotiations on a landmark free trade agreement (FTA), business and trade secretary Jonathan Reynolds has doubled down on his support of the deal – despite mounting Conservative criticism over provisions relating to labour mobility and taxation. The UK-India FTA, concluded in principle on 6 [...]

  • UK aerospace sector to avoid tariffs as Trump-Starmer trade deal clinched 

    June 17, 2025

    Prime Minister Keir Starmer and President Donald Trump met on the sidelines of the G7 summit to agree a trade deal that will remove tariffs on the UK aerospace sector and save carmakers from facing aggressive taxes on exports.  The pair of world leaders heaped praise on one another while the UK government said the [...]

  • Manoj Ladwa on the UK-India relationship

    June 17, 2025

    City AM is the media partner for IGF London 2025. Ahead of the event, we sat down with the Founder and Chairman of IGF, Manoj Ladwa, to discuss the UK-India relationship. In a city as globally connected as London, it’s easy to overlook the individuals working quietly but relentlessly to strengthen international ties. One such [...]

  • FTSE 100 flirts with record high but falters once more

    June 11, 2025

    The FTSE 100 once more narrowly missed on a record closing high on Wednesday after faltering in the final moments of the trading session. The UK’s flagship index edged up 0.13 per cent to 8864.35p. This brought it just short of March’s record close of 8871.31p. Housebuilders topped the morning risers with Persimmon and Barratt [...]

  • When is a trade deal not a trade deal?

    June 5, 2025

    Do you remember where you were on TD Day, 2025? Do you remember what you were doing when you heard the news that a “truly historic” treaty had been signed between the UK and US? Trade Deal Day, 8 May 2025, was – for this government – a very big deal indeed. Keir Starmer will [...]

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