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UK Secures GCC Trade Deal, Cuts Tariffs 93%, Adds £3.7bn

5/21/2026

Summary

Story summary

The United Kingdom signs a trade deal with the Gulf Cooperation Council that eliminates 93 percent of GCC tariffs on British goods.
Prime Minister Keir Starmer says the pact will add £3.7 billion, raise wages £1.9 billion and cut £580 million in duties, £360 million on day one.
Trade Secretary Peter Kyle says UK exports such as cereals, cheese, chocolate and butter gain tariff-free access while the deal preserves UK environmental, data-protection and human-rights standards.

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Story summary

The United Kingdom signs a trade deal with the Gulf Cooperation Council that eliminates 93 percent of GCC tariffs on British goods.
Prime Minister Keir Starmer says the pact will add £3.7 billion, raise wages £1.9 billion and cut £580 million in duties, £360 million on day one.
Trade Secretary Peter Kyle says UK exports such as cereals, cheese, chocolate and butter gain tariff-free access while the deal preserves UK environmental, data-protection and human-rights standards.