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HomeDaily NewsTuesday, June 17, 2025International Relations and Sanctions
Business & Economy2 stories from 1 sources

International Relations and Sanctions

Starmer announces new sanctions targeting Russia, while Trump signs an order on UK-US tariff deal.

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Tuesday 12:40 PMCapital Business

Starmer to announce new sanctions targeting Russia

Starmer to announce new sanctions targeting Russia

Prime Minister Sir Keir Starmer announced new sanctions targeting Russia to increase economic pressure on the Kremlin amid the ongoing conflict in Ukraine.

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Key Highlights

Prime Minister Sir Keir Starmer announced new sanctions targeting Russia to increase economic pressure on the Kremlin amid the ongoing conflict in Ukraine.

  • 14 people were reported killed in recent attacks in Kyiv.
  • Donald Trump, attending the G7 summit in Canada, opposed further sanctions, citing economic concerns.
  • The new sanctions aim to "squeeze Russia's energy revenues" and were discussed at the Alberta summit, but details remain limited.
Tuesday 11:39 AMCapital BusinessFirst

Trump signs order confirming parts of UK-US tariff deal

Trump signs order confirming parts of UK-US tariff deal

President Donald Trump has signed an order to implement parts of a trade deal reducing tariffs between the UK and US for certain goods, including automobiles.

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Key Highlights

President Donald Trump has signed an order to implement parts of a trade deal reducing tariffs between the UK and US for certain goods, including automobiles.

  • 10% tariff on up to 100,000 UK cars being shipped to the US, down from a previous 25% import tax.
  • Key figures include Prime Minister Sir Keir Starmer and Transport Secretary Heidi Alexander, addressing the implications for British businesses.
  • The agreement does not eliminate tariffs on steel imports, currently set at 25%, and is described as a "tiny tariff deal" by opposition leader Kemi Badenoch.
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