U.S. President Donald Trump on Thursday, May 8th, announced an agreement with Britain on trade, which would be the first such deal since he launched his global tariffs blitz.
Trump provided no details about the scope of the agreement, which comes a month after he imposed sweeping tariffs on U.S. trading partners on his April 2nd ‘Liberation Day.’
“The agreement with the United Kingdom is a full and comprehensive one that will cement the relationship between the United States and the United Kingdom for many years to come,” the president posted on his Truth Social platform.
“Because of our long time history and allegiance together, it is a great honor to have the United Kingdom as our FIRST announcement. Many other deals, which are in serious stages of negotiation, to follow!”
Trump is set to speak further about the agreement at a news conference in the White House.
British Prime Minister Keir Starmer is also set to give an update on the matter on Thursday.
