On “Fox and Friends,” host Brian Brenberg reportedly discussed the significant potential of the recently announced trade deal between President Donald Trump and the United Kingdom.
Brenberg highlighted that this agreement could lead to billions of dollars in exports for American businesses.
Trump’s announcement followed a 90-day pause on reciprocal tariffs, which he had previously outlined on Truth Social.
Brenberg explained that the deal includes a crucial 10% baseline tariff that will apply to all countries, indicating that future negotiations are likely to maintain this rate.
One of the key benefits for American businesses is the reduction of tariffs on U.S. ethanol, which previously faced an 18-19% tariff but will now be zero.
Brenberg estimated that this change could create around $5 billion in new export opportunities for U.S. companies looking to enter the U.K. market. He also noted that the average tariff rate for U.K. products imported to the U.S. would decrease to 1.8%.
Additionally, British automakers like Rolls Royce and Jaguar will see a reduction in the 25% tariff on imported vehicles and parts.
In exchange, the U.S. is expected to sell $10 billion worth of Boeing jets to the U.K., while U.K. airline parts will be imported at a 0% tariff.
Brenberg further emphasized the creation of a “steel and aluminum union” with the U.K., allowing U.S. producers to sell their products at 0% tariffs if they prevent dumped steel from entering the U.K. market.
Overall, this trade agreement is positioned to open new avenues for American businesses, enhancing their access to the U.K. and potentially boosting exports significantly.
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