The U.S. and UK announced a trade deal as President Donald Trump and UK Prime Minister Keir Starmer signed an agreement at the G7 Summit in Canada, lowering certain tariffs and setting new quotas for British exports to the U.

U.S. President Donald Trump and British Prime Minister Keir Starmer on Monday (June 16) said they had finalized a trade deal reached between the two allies last month. "This is a very good day for both of our countries, a real sign of strength," said Starmer to reporters at the G7 summit in Canada.