US EditionTrump teases ‘major trade deal’ with ‘big, highly respected country’
- President Donald Trump announced a major trade deal with a big, highly respected country at an Oval Office news conference scheduled for Thursday, May 8, 2025.
- The announcement follows months of high tariffs imposed by Trump, including 10% on most goods since April 2 and 25% on steel, aluminum, autos, and some Canadian and Mexican goods.
- The Trump administration has been involved in trade discussions with numerous countries, including the UK, India, South Korea, and Japan, amidst ongoing trade disputes with China characterized by tariffs as high as 145%.
- Top trade adviser Peter Navarro expressed confidence that trade agreements will be reached and will benefit the American public, while experts note that finalizing such deals usually takes extensive negotiations lasting months or even years.
- The announcement of the trade deal could mark the beginning of reduced tariff tensions that have negatively impacted both the US and international economies, although the details regarding the involved country and agreement terms have yet to be revealed.
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107 Articles
MIKEY SMITH: 7 unhinged things Donald Trump did in 24 hours as he teases more about trade deal - The Mirror
At last, after months of wrangling and, some would argue, being nicer than we strictly speaking wanted to be to the US administration, there's enough of a deal on the table for the President to post on Truth Social about it
Trump to announce 'major' trade deal
President Donald Trump promises a major trade deal with representatives of a big and highly respected country, which will be announced this morning. Who might it be, and what's on the agenda regarding trade rival China? Also, black smoke rises from the Sistine Chapel chimney at the Vatican as the College of Cardinals begins day two of selecting a new pope. These stories and more highlight your Unbiased Updates for Thursday, May 8, 2025. Trump to…
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