US EditionTerence Corcoran: Elbows up for a trade deal by anti-free-traders
- On Thursday, May 8, 2025, President Donald Trump officially announced a new trade agreement linking the United States with the United Kingdom from the White House.
- The deal followed U.S. Tariffs on many countries and aimed to reduce trade barriers, with the U.K. Lowering non-tariff obstacles to American products like beef, ethanol, machinery, and chemicals.
- The agreement lowers duties on British vehicles from 25% to a 10% baseline matching U.S. Tariffs, enhances national security through a new steel and aluminum trading zone, and improves British customs processing of U.S. Exports.
- The deal creates $6 billion in external revenue from tariffs and opens $5 billion in new export opportunities for American farmers and producers, with Trump calling it the 'first, historic Trade Deal since Liberation Day.'
- This agreement signals strengthened U.S.-U.K. Trade relations and sets a precedent for future deals, as the final version is still being completed and Trump plans talks with the EU and China.
15 Articles
15 Articles
Trump Proves Doubters Wrong Again With Massive Trade Deal
Credit: (Screenshot), Associated Press, via YouTube President Donald Trump says a trade deal with the United Kingdom announced on Thursday is the first of many more coming, and American markets are responding positively. The deal is the first major pact reached since the president hit foreign nations with import taxes. At closing bells, the S&P 500 was up for the 11th time in 13 days; the Dow added 254 points; Nasdaq rose 1.1%; crude oil prices…
President Trump announces trade deal between the U.S and the U.K.
President Donald Trump unveiled a new trade agreement with the United Kingdom on Thursday, announcing at a news conference that his administration has struck the trade deal with the U.K., marking the first agreement the U.S. has reached since the president imposed sweeping tariffs on trading partners. Although the United Kingdom was not subjected to the direct retaliatory tariffs included in Trump’s initial announcement, it was still affected by…
JUST IN: Trump Secures Massive Tariff Deal With The U.K.
The White House has revealed that its second trade deal will be made with the United Kingdom, news that sent markets into positive territory Thursday morning. President Donald Trump took a victory lap, writing on Truth Social, “This should be a very big and exciting day for the United States of America and the United Kingdom.” A press conference is expected to take place in the Oval Office at 10 a.m. EST, according to Trump. “The agreement with …
White House Announces Trade Deal With U.K. Including $700 Million for U.S. Ethanol Exports - U.S. GRAINS COUNCIL
Today, the White House issued a statement announcing a trade deal aimed at improving U.S. companies’ access to markets in the United Kingdom (U.K.), including a major victory for U.S. farmers and U.S. ethanol producers. According to the statement, the trade deal will expand U.S. market access in the U.K. and create an opportunity upwards of $5 billion in new exports for U.S. farmers, ranchers and producers. The deal will specifically include mor…
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