President Trump recently shared a chart summarizing the framework of the U.S.–U.K. trade agreement, which includes:

• $5 billion worth of U.S. exports to the U.K.

• U.S. tariffs on British goods: Previously 3.4%, now increased to 10%

• Tariff revenue: $6 billion

• The U.S. will boost exports of products such as: ethanol, beef, grains, fruits, vegetables, animal feed, tobacco, soft drinks, seafood, textiles, chemicals, machinery, and various other goods.

The U.K. agrees to:

• Reduce tariffs on U.S. goods: From 5.1% down to 1.8%

• Join the Steel & Aluminum Trade Alliance: Including both tariffs and quotas

• Ensure pharmaceutical supply chain security

• Set a car export quota to the U.S.: 100,000 vehicles per year at a 10% tariff rate

• Aircraft components: Sign a #$10 billion purchase contract with Boeing #Trump $BTC