President Donald Trump on Monday said he finalized a trade agreement with the United Kingdom, first announced in May, that is expected to slash tariffs on goods from both countries, as Trump continues to wage a trade war with America’s longstanding allies.

U.S. President Donald Trump and British Prime Minister Keir Starmer on Monday said they had finalized a trade deal reached between the two allies last month. Trump, standing alongside Starmer at the Group of Seven summit in Canada,

Trump and Starmer announced in May they’d struck an agreement that would slash U.S. import taxes on British cars, steel and aluminum in return for greater access to the British market for U.S. products including beef and ethanol.