Analysis

September 14, 2025
Final Thoughts
Written by Ethan Bernard
Will a US-UK meeting next week prove a harbinger of tariff deals to come, or will it be just another case of having the rug pulled from under us?
Some may think this is deja vu all over again. Well, you’re right. Back in May, SMU trade columnist Lewis Leibowitz published an article The UK trade agreement, a template for future trade deals? There was talk that the UK would receive some type of quota or deal, or that much lower rates would be negotiated. That didn’t materialize beyond the UK keeping its 25% tariff rate on steel and aluminum vs. the doubling that other nations saw.

