US & UK Expected to Sign New Trade Agreement This Week
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The US and UK are finalizing a trade agreement set to be signed this week, marking a significant development in the global economic landscape. The deal will reduce tariffs on UK steel and car exports, offering relief from the 25% tariffs imposed under President Trump’s ’Liberation Day’ plan. Quotas will shield certain UK exports from the full impact, according to The Financial Times.
Meanwhile, the UK has also reached a landmark free trade agreement with India, signaling a broader push for post-Brexit trade partnerships. These developments could indirectly influence cryptocurrency markets by shaping macroeconomic sentiment and cross-border capital flows.
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