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.
297 Articles
297 Articles
Customs - Reports: Trump probably announces trade agreements with Great Britain today
According to consistent media reports, US President Trump wants to announce the conclusion of a trade agreement with the UK today. The President had declared that he would present a first of many upcoming treaty works in the afternoon.
Trump confirms 'major trade deal' with UK
(The Hill) -- President Donald Trump confirmed early Thursday his plans to announce a “major trade deal” with the United Kingdom — the first one since his latest tariff rollout left global markets reeling. The president described the forthcoming agreement as "full and comprehensive," and signaled it would be the first of many deals to come with foreign trading partners as the Trump administration grapples with an unstable economy amid the trade …
Trump Unveils Historic US-UK Trade Agreement Plan
Trump Unveils Historic US-UK Trade Agreement Plan President Donald Trump is poised to announce what he calls a 'comprehensive' trade agreement between the United States and the United Kingdom. Trump emphasized the importance of this deal in reinforcing the longstanding relationship between the two countries, describing it as a 'great honor' to have the UK as the first agreement under his administration.In a statement on Truth Social, Trump highl…
Coverage Details
Bias Distribution
- 42% of the sources are Center
To view factuality data please Upgrade to Premium
Ownership
To view ownership data please Upgrade to Vantage