Ottawa: The US and UK announced the signing of a new trade agreement that President Donald Trump described as "fair" for both countries. The announcement was made on Monday, highlighting the focus on sectors such as car tariffs and aerospace.

According to Anadolu Agency, President Trump expressed confidence that the agreement will generate numerous jobs and substantial income. He also emphasized his strong personal relationship with UK Prime Minister Keir Starmer. Trump mentioned that this agreement is just one of many forthcoming arrangements between the two nations.

Prime Minister Starmer highlighted the significance of the deal, noting its focus on car tariffs and aerospace industries. He referred to the agreement as "really important" and confirmed that it has been "implemented." Starmer expressed gratitude towards Trump during their meeting on the sidelines of the G7 summit in Canada, calling it a "seismic moment" for both countries.

Although specific details of the agreement have not been disclosed, both leaders have emphasized its importance for bilateral relations and economic collaboration.