Excerpt: “Today, on the 80th anniversary of Victory Day for World War II, President Donald J. Trump and Prime Minister Keir Starmer announced a historic trade deal, providing American companies unprecedented access to the UK markets while bolstering U.S. national security. This is a great deal for America. This trade deal will significantly expand U.S. market access in the UK, creating a $5 billion opportunity for new exports for U.S. farmers, ranchers, and producers.
- This includes more than $700 million in ethanol exports and $250 million in other agricultural products, like beef.
- It commits the countries to work together to enhance industrial and agricultural market access.
- It closes loopholes and increases U.S. firms’ competitiveness in the UK’s procurement market.
- It ensures streamlined customs procedures for U.S. exports.
- It establishes high standard commitments in the areas of intellectual property, labor, and environment.
- It maximizes the competitiveness and secures the supply chain of U.S. aerospace manufacturers through preferential access to high-quality UK aerospace components.
- It creates a secure supply chain for pharmaceutical products.”