President Donald Trump has signed an executive order to reduce tariffs on UK cars, which will bring in parts of the tariff deal agreed between the two countries last month.

Speaking at the G7 Summit in Canada, the Prime Minister Sir Kir Stmper called the move a “very important day” for both countries.

This comes after weeks interaction to implement some parts of the pact, which the UK government hopes to mold British businesses with the effect of Trump’s tariff.

But the deal includes 10% levy on most UK goods, including cars, and were not expected to remove allegations on steel imports.

The treaty expressed early last month, is the first time that the White House has announced as it had imposed extensive tariffs on various goods entering the US earlier this year.

Shortly before the White House it was signed that Trump would leave the summit quickly due to the Middle East position.

Trump has raised taxes on goods entering the US, in a range of fire announcements in an attempt to encourage businesses and consumers to buy more American-made goods.

The trick had lashed out on the US as a major destination for exports and steel manufacturers, where the car manufacturer and steel manufacturers have sparked financial upheaval and alarm worldwide, including the UK.

In an order signed on Monday, Trump said, the US said it would allow 100,000 cars in the US in 10% tariffs instead of 25% import tax imposed on all car imports earlier this year, as agreed under the conditions mentioned in May.

The order said that the US would install a similar system for steel and aluminum, but did not specify what it would be.

The US President said, “We are giving you that information in a very short time,” when asked if Steel Tariff will be given an ax for the UK – a major part of the original tariff treaty.

The UK government said that it would “continue to move forward and agrees as it would progress to 0% tariff on core steel products”.

The order also agreed to remove tariffs on certain types of aerospace products.

Sir Kir stated that the deal “applies to car tariffs and aerospace”, and the agreement was described as “signal of strength” between Britain and America.

In response to a question about future tariffs, Trump said Britain was “very well protected”. “You know why? Because I like them,” he said.

The deal on the US-UK tariff will be effective in seven days after its official publication.

Mike Hayes, the chief executive of the Society of Motor Manufacturers and traders, who represents the UK car manufacturers, said it was “a huge assurance” for the region.

He told the BBC Today program that British cars were “very little” exported to the US as the industry waited to confirm the deal.

On Monday, UK carmaker JLR, owned by India’s Tata Motors, reduced its earnings in April after stopping shipment in the US due to tariffs.

Mr. Hayes said: “UK exports to the US were never a threat to US production. Last year, we had exported only 100,000 – these are small quantities, high value -manufactured goods, so there are no types created in the US.”

Car shipments for the US had already completed 2.5% tariffs, which meant that if no compromise was reached, the UK exports would have been taxed at 27.5% on reaching the states.

Mr. Hayes said that 10% tariffs “give some UK manufacturers about a competitive edge because their competitors come from Italy or some Germany who are still subject to 27.5% tariff”.

Trade and Trade Secretary Jonathan Reynolds said the announcement was “the result of speed between the two governments to reduce the burden on UK businesses”.

He said, “We will update Parliament on the implementation of quota on US beef and ethanol, part of our commitment to the US under this deal,” he said.

US beef exports in the UK historically have been under 20% tariff within a quota of 1,000 metric tons. According to the conditions shared last month, the UK agreed to scrap this tariff and increase the quota to 13,000 MT.

But the UK government has insisted that there will be no weak food standards and any American beef imports will need to meet food security requirements.

The ministers have praised the US deal with trade deals with the European Union and India.

But the American compromise is much limited than the full -fed trade deal which has long been discussed on Downing Street. The signed on Monday appeared more restricted than the general terms of the deal mentioned last month under its scope.

Trump has declared a compromise on the first tariff, a “major trade deal”, but not. The US President does not have the right to sign a free-business agreements without the approval of the Congress.

Trump said that Sir Keer, in acquiring such a deal with America, “What other people … have not done”.

“They have done what other people are – they have been talking about this deal for six years … and they have done what they have not been able to do.”

The agreement has criticized opposition parties in Britain. Cammy Badenoch, leader of the Conservative Party, called it a “Tiny Tariff Deal”.