【US-UK Reach Trade Agreement on Tariff Reductions, Key Industries Benefit but Steel Tariffs Remain Unchanged】UK Prime Minister Starmer and US President Trump signed a document at the G7 summit in Canada, agreeing to advance trade facilitation measures for automobiles, agricultural products, and aerospace products. The agreement will implement the trade terms disclosed last month—reducing US tariffs on key UK export products while increasing UK import quotas for US agricultural products. However, the steel tariffs, which are a core demand of the UK, have not received immediate relief. Trump told reporters, "The negotiations are over, and we have reached a trade agreement." Starmer stated, "This important agreement on automotive tariffs and the aerospace sector is a milestone." Both sides did not disclose further details or the effective date of the new tariffs. This is the first formal trade agreement reached since Trump announced tariffs on multiple countries.