President Trump has confirmed that he plans to unveil a “major trade agreement” with the UK on Thursday, marking the first such deal since his latest tariffs were introduced, which have stirred interest in global markets.
He describes this agreement as “complete and comprehensive,” highlighting that it represents the first deal with a foreign trading partner as the Trump administration navigates a challenging economy amidst ongoing trade tensions.
“The UK agreement is solidifying the U.S.-UK relationship for years to come,” Trump shared on True Society. He expressed that it is “a great honor” to have the UK as the first country he announces a deal with, citing their longstanding partnership. “Many other negotiations are at advanced stages and will follow!” he added.
Trump is set to make his announcement at 10 a.m. EDT from the Oval Office.
On Wednesday evening, he hinted at the trade deal without mentioning any additional countries. He referred to the upcoming press conference as “a press conference on contracts regarding major trade with representatives of a significant, highly respected country. The first of many!”
Earlier, the Trump administration introduced the “liberation day” tariffs on April 2, enforcing a 10% baseline import tax affecting nearly every other nation. While numerous countries are facing high reciprocal tariffs, they are currently on a 90-day suspension—except for China, which remains unchanged—as negotiations continue.
The UK didn’t experience personalized tariffs but faced a 25% tax on automobile, steel, and aluminum imports. Like many nations, London did not retaliate with tariffs on U.S. imports.
British Prime Minister Kiel Starmer, who met with Trump at the White House this year, has commented on future trade discussions with the U.S. scheduled for later Thursday. “The dialogue with the U.S. continues, and we’ll have more insights soon. But rest assured, I’ll always act in our national interest,” he stated.
