🇺🇸🇬🇧🤝 U.S.-UK Tariff Deal Cuts Car, Steel, And Agriculture Levies, Boosts Trade Access
🔹 Summary:
The U.S. and Britain struck a new trade deal cutting tariffs on cars, steel, plane parts, and agricultural goods, while keeping broader negotiations open for pharmaceuticals and digital trade.
Key elements include reduced car tariffs, zero tariffs on British steel, new quotas for beef and ethanol, and a major $10 billion Boeing aircraft order from a British airline.
🔹 Key Points:
• U.S. car tariffs on British exports drop from 27.5% to 10%, with a quota of 100,000 cars annually.
• British steel exports to the U.S. will now face zero tariffs, down from 25%.
• British firms can export plane parts tariff-free; in return, a UK airline will purchase $10B worth of Boeing aircraft.
• Both countries gain reciprocal tariff-free quotas on beef and U.S. ethanol; the UK digital services tax remains unchanged.
• Further talks will address pharmaceuticals, film tariffs, and preferential UK treatment under U.S. national security trade measures.
Tickers Of Interest: $USD $GBP $BA $X $TSLA $F $GM $SPX $FTSE $XLI $XME $ZC $ZS $ZB
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⚠️ Factbox-What's in the US-UK economic deal?
- Reuters on
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gm price performance in USD
The current price of gm is $0.00000089432. Over the last 24 hours, gm has decreased by -99.58%. It currently has a circulating supply of 10,000,000,000 gm and a maximum supply of 10,000,000,000 gm, giving it a fully diluted market cap of $8,956.65. The gm/USD price is updated in real-time.
5m
-99.42%
1h
-99.86%
4h
-99.58%
24h
-99.58%
About gm (gm)
gm (gm) is a decentralized digital currency leveraging blockchain technology for secure transactions. As an emerging global currency, gm currently stands at a price of $0.00000089432.
Why invest in gm (gm)?
As a decentralized currency, free from government or financial institution control, gm is definitely an alternative to traditional fiat currencies. However, investing, trading or buying gm involves complexity and volatility. Thorough research and risk awareness are essential before investing.
Find out more about gm (gm) prices and information here on OKX today.
How to buy and store gm?
To buy and store gm, you can purchase it on a cryptocurrency exchange or through a peer-to-peer marketplace. After buying gm, it’s important to securely store it in a crypto wallet, which comes in two forms: hot wallets (software-based, stored on your physical devices) and cold wallets (hardware-based, stored offline).
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Number of posts mentioning a token in the last 24h. This can help gauge the level of interest surrounding this token.
Contributors
Number of individuals posting about a token in the last 24h. A higher number of contributors can suggest improved token performance.
Interactions
Sum of socially-driven online engagement in the last 24h, such as likes, comments, and reposts. High engagement levels can indicate strong interest in a token.
Sentiment
Percentage score reflecting post sentiment in the last 24h. A high percentage score correlates with positive sentiment and can indicate improved market performance.
Volume rank
Volume refers to post volume in the last 24h. A higher volume ranking reflects a token’s favored position relative to other tokens.
In the last 24 hours, there have been 10K new posts about gm, driven by 5K contributors, and total online engagement reached 28M social interactions. The sentiment score for gm currently stands at 57%. Compared to all cryptocurrencies, post volume for gm currently ranks at 0. Keep an eye on changes to social metrics as they can be key indicators of the influence and reach of gm.
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Posts
9,995
Contributors
5,033
Interactions
28,294,942
Sentiment
57%
Volume rank
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Posts
8,188
Interactions
17,988,402
Sentiment
58%
gm FAQ
What’s the current price of gm?
The current price of 1 gm is $0.00000089432, experiencing a -99.58% change in the past 24 hours.
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No, currently gm is unavailable on OKX. To stay updated on when gm becomes available, sign up for notifications or follow us on social media. We’ll announce new cryptocurrency additions as soon as they’re listed.
Why does the price of gm fluctuate?
The price of gm fluctuates due to the global supply and demand dynamics typical of cryptocurrencies. Its short-term volatility can be attributed to significant shifts in these market forces.
How much is 1 gm worth today?
Currently, one gm is worth $0.00000089432. For answers and insight into gm's price action, you're in the right place. Explore the latest gm charts and trade responsibly with OKX.
What is cryptocurrency?
Cryptocurrencies, such as gm, are digital assets that operate on a public ledger called blockchains. Learn more about coins and tokens offered on OKX and their different attributes, which includes live prices and real-time charts.
When was cryptocurrency invented?
Thanks to the 2008 financial crisis, interest in decentralized finance boomed. Bitcoin offered a novel solution by being a secure digital asset on a decentralized network. Since then, many other tokens such as gm have been created as well.
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