Trump said he is “hardening relations between the United States and the UK over the years to come.”
President Donald Trump said Thursday that a “complete and comprehensive” trade deal had been agreed with the UK.
He said, “It’s a great honor to have the UK as our first announcement, as our long history and loyalty have come together.”
Trump is expected to be officially announced at the White House at 10am.
British Prime Minister Kiel Starmer said he would “renew” US trade talks later that day.
“You know, discussions with the US are ongoing and you’ll hear more from me about it later today,” the priorities said at the Defense Conference in London.
This is the first bilateral trade agreement announced as Trump began to impose tariffs on US trading partners. Shortly after imposing mutual tariffs on April 2, he suspended them for 90 days in all countries except China, causing gusts of negotiations.
Truly socially, Trump said on Wednesday, “Many other deals that are at a serious stage of negotiation continue!”
Last month, the Trump administration imposed a 10% tariff on imports from the UK, currently suspended, and a 25% charge on imported cars, steel and aluminum.
In response to tariffs at the time, Priority acknowledged that the 10% rate would have a “clear” effect, but called for a “cool and calm” approach and said it wanted a “fair and balanced” trade ties with the United States.
Bessent did not specify which countries were involved, but said it anticipated “a significant reduction in the tariffs we are being charged, as well as non-voluntary barriers, currency manipulation and subsidies.”
After a talk at the White House on February 27, the priority said that the trade agreement between Washington and London is “highly advanced technology at its core.”
“Our two countries were combining great innovations from the last century. We have the chance to do the same in the 21st century. That means artificial intelligence can cure cancer. It could be a moonshot of our age.
In London, a Downing Street spokesperson on Wednesday said, “The Prime Minister will always act for the UK’s national interests, workers, businesses and families.”
“The United States is an essential ally for both our economic and national security,” she added.
“There is a very strong trade and investment link between the UK and the US between the US and the 1 million British people with 1 million Americans working for British companies,” said Prime Minister Rachel Reeves.
When asked whether the US or the European Union is Britain’s most important trading partner, she said “we shouldn’t choose a country.”
In Parliament, Conservative MP Mark Pritchard said, “We can welcome the UK and US trade agreement and congratulate the Prime Minister on that deal. It’s in the interests of the national government, but of course the devil is in detail.”
“But can we discuss the concerns of UK farmers about that trade deal? Chlorinated chicken, hormone-fed beef, and of course, antibiotics in pig farming,” he said.
“Can the Minister guarantee the House and ensure that Shropshire farmers and British farmers be safe in this trade agreement?” he added.
House leader Lucy Powell responded by praise Yu and his merchant Jonathan Reynolds for “the incredible work that took us to this point today.”
“The issues he raises the issue of food standards and agriculture are red lines for this government in these trade talks and he will get details later today,” Powell added.
