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Prime Minister Keir Starmer reached an agreement with US President Donald Trump to implement trading terms disclosed last month to slash US tariffs on key British exports and raise UK quotas on certain American agricultural products.

Trump and Starmer on Monday presented a document signed at the Group of Seven meeting in Kananaskis, Canada, agreeing to move forward on measures easing trade of cars, agricultural and aerospace products — but falling short of an immediate cut to steel tariffs, a key British ask.

“The UK is very well protected,” Trump told reporters. “Because I like them, that’s why, that’s their ultimate protection.”

Trump signed an executive order on Monday that also exempts the UK’s civil aerospace aircraft sector from Trump’s baseline 10% country-by-country tariffs, a significant tariff relief measure for a sector closely intertwined with the US industry. UK auto exports will see US tariffs slashed to 10% from 27.5% later in June on an annual quota of 100,000 vehicles.