logo
UK-US trade deal: Trump trade adviser claims Britons would like chlorinated chicken after historic agreement

UK-US trade deal: Trump trade adviser claims Britons would like chlorinated chicken after historic agreement

Yahoo09-05-2025

Donald Trump's top trade adviser has suggested British consumers would like US-produced chlorinated chicken and hormone-fed beef if it were made available in UK supermarkets.
Sir Keir Starmer struck a historic trade agreement with the US on Thursday that will slash Mr Trump's tariffs, which the prime minister said would 'boost British businesses and save thousands of British jobs'.
But the Americans said the deal would also see its imports fast-tracked and 'exponentially' increase the amount of US beef coming into the UK.
The president's chief trade adviser, Peter Navarro, told reporters on Thursday that concerns over food hygiene standards were a 'phony tool that's used to suppress what is very fine American agricultural product', adding: 'We don't believe that once they taste American beef and chicken that they would prefer not to have it.'
No 10 has insisted there would be 'no weakening of UK food standards on imports' under the agreement.
The deal will see US tariffs on cars immediately slashed from 27.5 to 10 per cent, up to 100,000 vehicles – almost the total number exported last year. Levies on steel and aluminium will be reduced to zero, however, a general 10 per cent tariff for other goods will remain.

Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Trump's new drone orders aim to counter threats while encouraging flying cars and supersonic flights
Trump's new drone orders aim to counter threats while encouraging flying cars and supersonic flights

Washington Post

time19 minutes ago

  • Washington Post

Trump's new drone orders aim to counter threats while encouraging flying cars and supersonic flights

WASHINGTON — President Donald Trump wants to counter the threats drones pose to national security under new rules released Friday, while also aiming to make it easier for Americans to fly faster than the speed of sound and expedite the development of the flying cars of the future. The three executive orders will encourage the Federal Aviation Administration to expedite rules to allow companies to use drones beyond their operators' line of sight, while also imposing restrictions meant to help protect against terrorism, espionage and public safety threats.

White House officials to meet Chinese delegation in London for next round of trade talks
White House officials to meet Chinese delegation in London for next round of trade talks

Yahoo

time20 minutes ago

  • Yahoo

White House officials to meet Chinese delegation in London for next round of trade talks

Senior White House officials will meet with a Chinese delegation in London on Monday for the next round of trade talks, President Donald Trump has said. The meeting comes after a phone call between Mr Trump and Chinese leader Xi Jinping on Thursday, which the US president said was "very positive". Writing on his Truth Social platform, Mr Trump said the London meeting "should go very well" and added that US Treasury Secretary Scott Bessent, Commerce Secretary Howard Lutnick and US Trade Representative Jamieson Greer would represent the US at the is unclear who will represent China. The two countries are at an impasse over tariffs and a dispute involving critical rare earth mineral exports, in which China remains the dominant producer. On 12 May, China and the US struck a 90-day deal in Geneva to pause retaliatory tariffs placed on each other since Mr Trump was inaugurated in January. The initial agreement prompted a global surge in stock markets and U.S. indexes that were in, or approaching, bear market levels. The temporary deal saw the US reduced its 145% tariff to 30% on Chinese also agreed to reduce its 125% retaliatory tariffs to 10% on US goods. However, sector-specific tariffs, such as the 25% tax on cars, aluminium and steel, are still in place. Since Mr Trump's re-election, the president has frequently issued threats of punitive trade measures against US partners - only to backtrack at the last minute. This breaking news story is being updated and more details will be published shortly. Please refresh the page for the latest version. You can receive breaking news alerts on a smartphone or tablet via the Sky News app. You can also follow us on WhatsApp and subscribe to our YouTube channel to keep up with the latest news.

Potential Problems Loom Underneath Resilient Labor Market Data
Potential Problems Loom Underneath Resilient Labor Market Data

Forbes

time26 minutes ago

  • Forbes

Potential Problems Loom Underneath Resilient Labor Market Data

The labor market added 139,000 jobs and the unemployment rate stayed at 4.2% in May 2025, according to the latest release from the Bureau of Labor Statistics. Those top line numbers indicate a resilient labor market. Hiring seems to continue apace, even though widespread economic policy uncertainty has clouded planning for many businesses. But, there are also signs, especially a drop in the labor force, that a slowdown may be under way. The latest labor market data show several positive signs. The labor market has continuously added jobs for 53 months now, starting in January 2021. And, the unemployment rate has stayed at or below 4.2% since November 2021, even as the Federal Reserve hit the brakes by raising its key interest rate, meant to slow hiring. Moreover, monthly wage growth has accelerated from 0.2% in March to 0.3% in April and to 0.4% in May 2025. All of these data points show a labor market that has held steady amid the turmoil brought on by President Donald Trump's chaotic approach to economic policy. There are signs, though, that things may be slowing more than the overall numbers suggest, although no single month makes a trend. For instance, federal government employment has fallen by 59,000 jobs since January. Many federal government employees live sort of in a limbo, with some being laid off but those layoffs being stopped by the courts, others being recalled, and even others having accepted retirements later this year. As several of these things unwind, federal government unemployment could further decline. Manufacturing could become another trouble spot. Total manufacturing employment was 88,000 jobs lower than in May 2024 – the last month of peak employment in this sector. Jobs in that sector dropped by another 8,000 in May. Most of those job losses – 7,000 – happened in durable goods manufacturing, particularly machinery equipment. As Trump's tariff chaos continues, many manufacturing firms will likely delay or completely hold off expansion plans. They may have to pay more for inputs such as steel, which just saw its tariff rate increase to 50%, and they may face retaliatory tariffs for their exports. Further, the latest jobs market release revised the prior two months downward. There were 65,000 fewer jobs added in March and 30,000 fewer jobs created in April 2025 than previously reported. The March data had already been revised downward by 43,000 in April 2025. That is, there are now 108,000 fewer jobs than were initially reported for March 2025. The estimate of new jobs for March thus has been almost cut in half from 228,000 to 120,000. The downward revisions of prior labor market estimates have now happened for a three months, after the monthly data releases revised jobs numbers upward from November 2024 to February 2025. That is, for four months, the BLS reported a stronger than previously estimated labor market, while the opposite has been true since then. The latest labor market data also show that many people left the labor market, including many unemployed workers. The household survey, which allows for the calculation of the unemployment rate, shows a drop in the labor force by 625,000 people in May 2025. At the same time, employment in the household survey fell by 696,000 people. This was the largest single month drop since December 2023 for both the total labor force and number of people with jobs. The rest became unemployed, lowering long term unemployment for the first time since January 2025. The unemployment rate stayed steady because people left the labor force all together, not because more people found jobs. The latest jobs market data shows an economy in a holding pattern. Job growth has moderated, but remains positive. On the other hand, hundreds of thousands of people left the labor force last month, possibly because they were becoming frustrated with not finding new jobs. The economy seems still resilient for now, but trouble spots are emerging.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into the world of global news and events? Download our app today from your preferred app store and start exploring.
app-storeplay-store