EU-US trade deal finalised
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UK exports to the US hit three-year low in June 2025 despite trade deal, as tariffs and rules strain businesses.
The UK’s largest bioethanol plant is to shut, its owner has said, after the government decided not offer the struggling factory an emergency funding settlement after months of fraught negotiations. Vivergo Fuels had been locked in talks over its future with the business department since June,
British goods exports to the United States fell to their lowest level in more than three years in June, according to official data published on Thursday that showed the hit from U.S. President Donald Trump's initial import tariff blitz.
India and the US have concluded a week-long round of trade negotiations earlier this month to finalise an interim trade deal seen as crucial for New Delhi to skirt reciprocal tariffs ahead of the August 1 deadline.
The UK’s largest bioethanol plant is to shut, its owner has said, after the government decided not offer the struggling factory an emergency funding settlement after months of fraught negotiations. Vivergo Fuels had been locked in talks over its future with the business department since June, after it warned an element of the UK-US trade [...]
Trade between India and the EAEU reached $69 billion in 2024, marking a 7 per cent rise over the previous year, according to India’s commerce ministry.
The EU-US trade agreement is poised to cut the US import tax on cars from the EU from 27.5% to 15%. However, details released Thursday reveal that the lower rate won’t take effect until the EU takes separate action to reduce its own tariffs on US goods.
The UK’s largest bioethanol plant is to shut, its owner has said, after the government decided not offer the struggling factory an emergency funding settlement after months of fraught negotiations. Vivergo Fuels had been locked in talks over its future with the business department since June, after it warned an element of the UK-US trade [...]