Trump agrees to cut tariffs on UK autos, steel and aluminum in a planned trade deal with Britain

News Snapshot:

WASHINGTON (AP) — President Donald Trump has agreed to cut tariffs on U.K. autos, steel and aluminum in a planned trade deal with Britain, which would buy more American beef and streamline its customs process for goods from the United States. The symbolically resonant agreement announced Thursday still has yet to be finalized, but it suggested that Trump was still able to negotiate with other countries after his vast set of tariffs stoked fears around the world of an economic downturn and higher inflation. The announcement provided a political victory for U.K. Prime Minister Keir Starmer and offered a degree...