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Trump to ‘refine trade deal’ with UK

by wireopedia memeber
July 15, 2025
in Business, Finance
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Trump to ‘refine trade deal’ with UK
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Donald Trump has said he will “refine the trade deal” with the UK during his private trip to Scotland later this month.

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The US president told reporters outside the White House on Tuesday that he will meet with Sir Keir Starmer “probably in Aberdeen”.

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Mr Trump is expected to travel to Scotland in the coming weeks to visit his golf courses ahead of an official state visit in September.

“We’re going to be meeting with the British prime minister, very respectful, and we are going to have a meeting with him, probably in Aberdeen, and we’re going to do a lot of different things.

“We’re going to also refine the trade deal that we’ve made.

“So we’ll be meeting mostly […] at probably one of my properties, or maybe not, depending on what happens, but we’ll be in Aberdeen, in Scotland, meeting with the prime minister.”

The UK and US signed a trade deal earlier this year that reduced car and aerospace tariffs, but questions have remained about a promise from Washington to slash steel tariffs.

In May, the White House said it would exempt the UK from plans for a 25% tariff on global steel imports but that is yet to be ratified and the levy has since been doubled on all other countries.

Mr Trump had insisted that unless Britain could finalise the details of a metals trade deal with the US by 9 July, when wider “Liberation Day” tariff pauses were expected to expire, he would slap the UK with a 50% rate as well.

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However that pause was extended until 1 August, with the US president saying nations would instead get letters informing them of his plans.

As Sky News’ economics and data editor Ed Conway has reported, the metals deal has floundered on two key issues, including that while the government has taken control of British Steel, the company itself still legally has Chinese owners.

Downing Street is still hoping it can secure 0% tariffs on steel.

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On Tuesday, a Downing Street spokesperson played down the significance of the meeting in Scotland, stressing it was a private trip so it “will not be a formal bilateral”.

Since taking office in January, Mr Trump has imposed tariffs on countries across the world in a bid to boost domestic production and address trade deficits.

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As well as sector specific tariffs, there is a baseline tariff of 10% for most other imports, though some countries face higher rates.

The UK was the first to hash out a deal on exemptions after a successful charm offensive by Sir Keir.

Mr Trump has praised the PM, telling the BBC earlier on Tuesday: “I really like the prime minister a lot, even though he’s a liberal.”

There are also plans for Scottish First Minister John Swinney to meet Mr Trump during his trip.

It will be followed by the official state visit between 17-19 September, when Mr Trump will be hosted by the King and Queen at Windsor Castle and accompanied by his wife Melania.

It will be Mr Trump’s second state visit to the UK, having previously been hosted during his first term in 2019.

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