The first trade deal to emerge from the Trump administration’s global tariff blitz is a narrow pact with one of the United States’ closest allies and a potential bright spot for U.S. agriculture.
The White House said the Economic Prosperity Deal with the UK, signed June 16, includes “billions of dollars of increased market access for American exports, especially for beef, ethanol, and certain other American agricultural exports.”
The deal will provide tariff relief on British car exports, although deals on steel and aluminum have not yet been finalized.
The agreement will reduce or eliminate UK tariffs and nontariff barriers—which, according to U.S. President Donald Trump, have unfairly discriminated against U.S. goods—on some agricultural products, giving U.S. producers a $5 billion boost....
