LIVE: Donald Trump Announces US-UK Trade Deal at the White House
In a pivotal moment for transatlantic relations, President Donald Trump is set to affirm the United States’ first trade agreement with the United Kingdom later this afternoon. This announcement marks a significant milestone amidst ongoing global tariff discussions, which Trump previously referred to as “Liberation Day.”
The trade deal comes on the heels of heightened tensions in international commerce, resulting in the UK facing a 10 percent overall tariff and a more substantial 25 percent tariff on critical sectors such as steel, aluminum, and automotive industries. These tariffs, introduced last month, have sparked extensive negotiations between the US and UK, culminating in this anticipated agreement.
Intensified discussions over recent months have included high-level meetings between key political figures. Notably, Labour Party leader Sir Keir Starmer met with President Trump at the White House in February, highlighting the UK’s commitment to reaching a favorable deal. Following that, Rachel Reeves, Chancellor of the Exchequer, met with US Treasury Secretary Scott Bessent in April, emphasizing the UK government’s determination to finalize a trade agreement.
The announcement comes shortly after the UK’s own trade deal with India, showcasing a strategic push toward strengthening its global trade partnerships. A Downing Street spokeswoman underscored the importance of the deal, affirming that it aligns with Britain’s national interests by prioritizing workers, businesses, and families. The spokeswoman also highlighted the indispensable role of the United States as an ally in both economic and national security matters.
As the world watches, Sir Keir Starmer is expected to address the ongoing trade negotiations later today, promising further updates on the progress of discussions that have been described as “continuing at pace.”
This upcoming announcement carries significant implications for the US-UK economic landscape, as both nations navigate the challenges and opportunities presented in the current global marketplace. Stay tuned for live updates as this critical story unfolds.
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