Britain became the first country to get a reduction in U.S. tariffs when it announced a limited deal with Trump to lower levies on cars and steel, but it retained the baseline 10% U.S. tariff, despite having balanced trade with the United States.

The deal does not undo Brexit. But the British government hopes that closer ties with the European Union will help revive its sluggish economy.

Britain and the EU will ink a new security and trade deal allowing access to European security databases, defense contracts and the EU food market in return for some youth free-movement and rights to fish British waters.

Prime Minister Keir Starmer’s government had to make some politically fraught concessions, reflecting the country’s status as a midsize economy in a volatile market.

Prime Minister Keir Starmer heralded a “landmark deal” between the UK and the European Union on Monday that he billed as a reset moment for relations under his government. Still, with many details unresolved,

Britain's pursuit of trade deals with the European Union and United States, while courting China, has made it a test case for navigating U.S. President Donald Trump's unpredictable new world order.

The EU and the UK have announced a deal setting out post-Brexit relations