President Trump and British Prime Minister Keir Starmer announced what the U.K. called a “historic” trade deal Thursday. Trump’s 10% tariff on the U.K. will remain in place, but the U.S. will ease tariffs on steel, aluminum and cars. The U.K. will lower tariffs on the U.S. and increase market access for American beef, ethanol and machinery, though no timeline has been given. Prime Minister Starmer praised the deal in a phone call with Trump.

Prime Minister Keir Starmer: “Really important deal. This is going to boost trade between and across our countries. It’s going to not only protect jobs, but create jobs, opening market access.”

But critics were skeptical of the yet-to-be-signed deal. Democratic Senator Ron Wyden said, “The details aren’t even finalized. There’s not much THERE, there.”