The government has hailed the new deal with the US as positive for the UK, but many have pointed out that tariffs are still higher than they were a few months ago. On Thursday, both Keir Starmer and Donald Trump were keen to play up the agreement that saw tariffs lowered on both sides.

President Donald Trump said he would make a significant trade announcement Thursday with the United Kingdom, yet another sign of some possible relief from historically high tariffs that have threatened serious damage to the US and global economies.