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US and UK expected to announce deal to reduce tariffs

  • A trade agreement between the U.S. And the U.K. Is scheduled to be announced on Thursday at 10 a.m. EDT during a press event held in the Oval Office.
  • The deal follows years of negotiations since the U.K.'s 2016 Brexit vote and aims to reduce tariffs President Trump imposed on British autos, steel, and aluminum.
  • The agreement is described by Trump as full, comprehensive, and a reinforcement of the long-standing U.S.-U.K. Relationship while Starmer highlights ongoing talks and mutual benefits.
  • Last year, the United States had a $11.9 billion surplus in its trade of goods with the United Kingdom, importing $68 billion worth of products, including more than 25% of British automobile exports destined for the U.S. Market.
  • While the deal may offer tariff relief to specific sectors and political gains for Starmer and Trump, experts caution it likely signals the start of negotiations, not a finalized free trade agreement.
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President Trump to announce major trade deal with the United Kingdom

President Donald Trump confirmed a comprehensive trade agreement with the United Kingdom, amid ongoing negotiations with other countries.

·Baltimore, United States
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Algemeen Dagblad broke the news in Amersfoort, Netherlands on Wednesday, May 7, 2025.
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