Trump and Starmer Announce US-UK Economic Prosperity Deal Framework

President Trump and UK Prime Minister Keir Starmer announced the general terms of the US-UK Economic Prosperity Deal at the White House on May 8, 2025, the 80th anniversary of Victory in Europe Day. The framework reduced the tariff on UK-built vehicles from 27.5 percent to 10 percent for up to 100,000 units annually and provided for removal of Section 232 steel and aluminum tariffs contingent on UK supply chain security compliance. The UK opened duty-free quotas for 13,000 metric tons of U.S. beef and 1.4 billion liters of U.S. ethanol. The deal was structured as a bilateral executive agreement, bypassing Senate ratification; Trump concluded it under Article II foreign-affairs authority rather than submitting it as a treaty or invoking Trade Promotion Authority.