The UK and US have reached an agreement on easing tariff quotas for steel and auto exports, aiming to shield British goods from 25% tariffs imposed by the Trump administration. This move, expected to be finalized this week, represents a significant step toward mitigating economic impact stemming from these tariffs. The deal will help mitigate the effects of trade tensions between the two major trading partners. UK officials have made concessions on digital services taxes and tariffs on American goods like cars and agricultural products in an effort to foster diplomatic relations. 7.31% market dominance, highlights a cautious optimism about the impact of this agreement. The agreement reflects a strategic move to ease trade barriers, with industries reliant on UK steel and auto imports likely experiencing relief. The crypto market has historically shown heightened volatility during international trade tensions, similar to the US-China trade war in past years, offering insights into market response.