UK unveils historic US trade deal at Tata Motors' Jaguar Land Rover factory

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UK unveils historic US trade deal at Tata Motors' Jaguar Land Rover factory - Business Standard

Quick Summary:

Days after confirming a landmark Free Trade Agreement (FTA) with India, British Prime Minister Keir Starmer on Thursday chose a Tata Motors-owned Jaguar Land Rover (JLR) factory in northern England to announce a historic trade deal with the US.

Following a phone call with President Donald Trump, Starmer addressed JLR workers in Solihull to highlight the "big win" for the automotive industry as a result of car export tariffs being cut from 27.5 per cent to 10 per cent.

We are the first country to secure such a deal with the United States and in an era with global insecurity and instability that is so important, said Starmer.