June 17, 2025- President Donald Trump signed an agreement Monday formally lowering some tariffs on imports from the United Kingdom as the countries continue working toward a formal trade deal, according to NBC News. The deal, announced by Trump and British Prime Minister Keir Starmer on the sidelines of the G7 Summit in Canada, reaffirmed quotas and tariff rates on British automobiles and eliminated tariffs on the U.K. aerospace sector, but the issue of steel and aluminum remains unresolved, according to Reuters. The U.S. intends to impose a quota on steel and aluminum imports from the United Kingdom that would be exempt from 25% tariffs, but it is conditioned upon Britain’s demonstrating security on steel supply chains and production facilities, according to Reuters.