Trump Announces Major Trade Deal With UK
President Donald Trump announced a major trade deal between the U.S. and United Kingdom which he termed “full and comprehensive.” “The agreement with the United Kingdom is a full and comprehensive one that will cement…
President Donald Trump announced a major Trade Deal between the U.S. and United Kingdom which he termed “full and comprehensive.”
“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,” Trump wrote on social media early Thursday morning. “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!
“This should be a very big and exciting day for the United States of America and the United Kingdom,” Trump added. “The Golden Age of America is coming!”
Trump also wrote a news conference will be held in the Oval Office regarding a “major Trade Deal,” but did not name the other country.
“Big News Conference tomorrow morning at 10:00 A.M., The Oval Office, concerning a MAJOR Trade Deal WITH REPRESENTATIVES OF A BIG, AND HIGHLY RESPECTED, COUNTRY. THE FIRST OF MANY!!!” Trump wrote.
The New York Times was first to report that Trump was expected to announce a Trade Deal with the U.K.
A 25% tariff on U.S. imports of steel, aluminum and derivative products took effect on March 12, per Fox Business.
Before to April 2025, U.K. goods sent to the U.S. had relatively low tariffs ranging from 0 to 2.5%. Higher tariffs were placed on specific products like steel, aluminum, and vehicles. The U.K. tariffs on U.S. imports were based on the World Trade Organization’s “Most Favored Nation” or MFN rules.
In 2023, the U.K’s average MFN tariff was 3.8%, according to the most recent data available.
The deal with the U.S. was the second one brokered in a week after a free trade pact with India.