US trade deal 'made by Brexit' and 'Holy smoke'
Summary
Newspapers report on a new trade deal between the US and the UK. This agreement aims to help the UK car industry by addressing American tariffs and includes changes for car and steel exports. Additionally, the article discusses the election of a new Pope from Chicago, named Leo XIV.Key Facts
- The US and UK have agreed on a new trade deal to help the British car industry.
- The Financial Times notes that the UK secured concessions on car and steel exports.
- A flat ten percent tariff remains on most goods between the US and UK.
- The Daily Telegraph reports discussion over US objections to Chinese investments in the UK, but the UK government denies any formal "veto."
- The I newspaper mentions ongoing questions about the impact of the deal on the pharmaceutical industry.
- White smoke at the Vatican signifies a new Pope, Leo XIV, elected in a quick process.
- Leo XIV is from Chicago and is the first American pope.
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