The UK-US trade deal has been signed and is “done”, US President Donald Trump has said as he met Sir Keir Starmer at the G7 summit.
The US president told reporters: “We signed it, and it’s done. It’s a fair deal for both. It’ll produce a lot of jobs, a lot of income.”
As Mr Trump and his British counterpart exited a mountain lodge in the Canadian Rockies where the summit is being held, the US president held up a physical copy of the trade agreement to show reporters.
Several leaves of paper fell from the binding, and Mr Starmer quickly bent down to pick them up, saying: “A very important document.”
Image: President Donald Trump drops papers as he meets with Britain’s Prime Minister Keir Starmer in Kananaskis, Canada. Pic: AP
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Sir Keir Starmer hastily collects the signed executive order documents from the ground and hands them back to the US president.
Sir Keirsaid the document “implements” the deal to cut tariffs on cars and aerospace, adding: “So this is a very good day for both of our countries – a real sign of strength.”
Mr Trump added that the UK was “very well protected” against any future tariffs, saying: “You know why? Because I like them”.
However, he did not say whether levies on British steel exports to the US would be set to 0%, saying “we’re gonna let you have that information in a little while”.
Image: Sir Keir Starmer picks up paper from the UK-US trade deal after Donald Trump dropped it at the G7 summit. Pic: Reuters
What exactly does trade deal being ‘done’ mean?
The government says the US “has committed” to removing tariffs (taxes on imported goods) on UK aerospace goods, such as engines and aircraft parts, which currently stand at 10%.
That is “expected to come into force by the end of the month”.
Tariffs on car imports will drop from 27.5% to 10%, the government says, which “saves car manufacturers hundreds of millions a year, and protects tens of thousands of jobs”.
The White House says there will be a quota of 100,000 cars eligible for import at that level each year.
But on steel, the story is a little more complicated.
The UK is the only country exempted from the global 50% tariff rate on steel – which means the UK rate remains at the original level of 25%.
That tariff was expected to be lifted entirely, but the government now says it will “continue to go further and make progress towards 0% tariffs on core steel products as agreed”.
The White House says the US will “promptly construct a quota at most-favoured-nation rates for steel and aluminium articles”.
Other key parts of the deal include import and export quotas for beef – and the government is keen to emphasise that “any US imports will need to meet UK food safety standards”.
There is no change to tariffs on pharmaceuticals for the moment, and the government says “work will continue to protect industry from any further tariffs imposed”.
The White House says they “committed to negotiate significantly preferential treatment outcomes”.
Mr Trump also praised Sir Keir as a “great” prime minister, adding: “We’ve been talking about this deal for six years, and he’s done what they haven’t been able to do.”
He added: “We’re very longtime partners and allies and friends and we’ve become friends in a short period of time.
“He’s slightly more liberal than me to put it mildly… but we get along.”
Sir Keir added that “we make it work”.
The US president appeared to mistakenly refer to a “trade agreement with the European Union” at one point as he stood alongside the British prime minister.
In a joint televised phone call in May, Sir Keir and Mr Trump announced the UK and US had agreed on a trade deal – but added the details were being finalised.
Ahead of the G7 summit, the prime minister said he would meet Mr Trump for “one-on-one” talks, and added the agreement “really matters for the vital sectors that are safeguarded under our deal, and we’ve got to implement that”.
A police officer is among at least two people who have been shot in an “active shooter incident” in New York City, officials say.
The incident happened at 345 Park Avenue, a skyscraper in Midtown Manhattan.
It houses both the headquarters of the investment firm Blackstone and the National Football League (NFL).
The building also has a Bank of America branch and has offices belonging to accounting firm KPMG.
Two senior officials told Sky’s US partner NBC News that at least one police officer had been shot along with at least one civilian.
Their conditions are unknown.
The New York Police Department has urged people to avoid the vicinity of East 52 Street between Park Avenue and Lexington Avenue.
It added in a post on X: “Expect emergency vehicles & delays in the surrounding area.”
New York City Mayor Eric Adams wrote on X: “New Yorkers: there is an active shooter investigation taking place in Midtown right now. Please take proper safety precautions if you are in vicinity and do not go outside if you are near Park Avenue and East 51st Street.”
Officers close to the scene have been stopping cars and looking inside as they investigate the case, NBC New York reported.
Video from Lexington Avenue shows a police officer stop a yellow taxi SUV, having the windows be lowered and looking in the driver’s front passenger seat and back seats with flashlight.
This breaking news story is being updated and more details will be published shortly.
The United States and European Union have agreed a trade deal, says Donald Trump.
The announcement was made as the US president met European Commission chief Ursula von der Leyen at one of his golf resorts in Scotland.
Speaking after talks in Turnberry, Mr Trump said the EU deal was the “biggest deal ever made” and it will be “great for cars”.
The US will impose 15% tariffs on EU goods into America, after Mr Trump had threatened a 30% levy.
He said there will be an EU investment of $600bn in the US, the bloc will buy $750bn in US energy and will also purchase US military equipment.
Mr Trump had earlier said the main sticking point was “fairness”, citing barriers to US exports of cars and agriculture.
He went into the talks demanding fairer trade with the 27-member EU and threatening steep tariffs to achieve that, while insisting the US will not go below 15% import taxes.
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For months, Mr Trump has threatened most of the world with large tariffs in the hope of shrinking major US trade deficits with many key trading partners, including the EU.
Ms von der Leyen said the agreement would include 15% tariffs across the board, saying it would help rebalance trade between the two large trading partners.
In case there was no deal and the US had imposed 30% tariffs from 1 August, the EU has prepared counter-tariffs on €93bn (£81bn) of US goods.
Ahead of their meeting on Sunday, Ms von der Leyen described Mr Trump as a “tough negotiator and dealmaker”.
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At least 11 people have been stabbed at a Walmart supermarket in Michigan, with six in a critical condition.
Officials say a suspect is in custody – and at this stage, it is believed the attack was a “random act” that involved a folding-style knife near the checkout area.
Sheriff Michael Shea told reporters: “Eleven is 11 too many, but thank God it wasn’t more.”
Image: Pic: AP
The suspect, who is from Michigan, is not known to police – and was captured within three minutes thanks to “citizen involvement”.
The attack unfolded in Traverse City – and Tiffany DeFell, who was in the car park at the time, described scenes of chaos.
“It was really scary. Me and my sister were just freaking out,” she said. “This is something you see out of the movies.”
Beyond the six people in a critical condition, it is believed the remaining five were seriously hurt. All 11 are still being treated in hospital.
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Image: Pic: AP
Michigan Governor Gretchen Whitmer said: “Our thoughts are with the victims and the community reeling from this brutal act of violence.”
A Walmart spokesperson added that the retailer is working closely with law enforcement.
“Violence like this is unacceptable. Our thoughts are with those who were injured and we’re thankful for the swift action of first responders,” a statement said.
Image: Pic: AP
At this stage, the ages of the victims is unclear – but it is not thought any of the victims were Walmart employees.
Traverse City is about 255 miles northwest of Detroit.