India, Feb. 28 -- President Donald Trump has said that a US-UK trade deal without tariffs could happen "very quickly."

Addressing a joint news conference after a meeting with Starmer at the White House Thursday, Trump said there was "a very good chance" of a bilateral trade agreement "where tariffs wouldn't be necessary".

BBC quoted William Bain, the head of trade policy at the British Chambers of Commerce, as saying that a deal to keep tariffs low would most benefit automotive and pharmaceutical industries in the UK.

Trump had threatened to impose a 25 percent import tax on steel and aluminum on March 12.

If implemented, previous exemptions and tariff-rate quotas for the EU and UK will be abolished.

The United States' steel import vol...