Trump and UK Announce Major Trade Agreement with Limited Immediate Impact
President Trump and UK Prime Minister Starmer reveal a trade deal aimed at improving export access for agriculture while cutting some existing tariffs.
Trade deals are usually announced only once those details are ironed out.
Trump hails trade deal with ‘oldest ally’ UK – but what about the details?
The Guardian·19h·ReliableThis source consistently reports facts with minimal bias, demonstrating high-quality journalism and accuracy.Leans LeftThis outlet slightly leans left.
The policy has been amended, but the deal with the U.K. grants British automakers some relief compared to other foreign producers.
White House: Trade Deal with U.K. Will Open Up $5 Billion in New Market Access for U.S.
Breitbart News·20h·Mixed ReliableThis source has a mixed track record—sometimes accurate but also prone to bias, sensationalism, or incomplete reporting.RightThis outlet favors right-wing views.
The deal took 45 days to negotiate and will open an estimated $5 billion in opportunities to American exporters, U.S. Commerce Secretary Howard Lutnick said at the news conference.
U.S., U.K. shake on catch-all trade deal
World News Group·20h·ReliableThis source consistently reports facts with minimal bias, demonstrating high-quality journalism and accuracy.Leans RightThis outlet slightly leans right.
However, for a president aiming to pass a sweeping agenda through Congress, it is the political reaction that may be of upmost importance.
Will Trump trade deal with UK ease economic jitters and boost president's poll numbers?
FOX News·20h·Mostly ReliableThis source is generally reliable but sometimes includes opinion, propaganda, or minor inaccuracies.Leans RightThis outlet slightly leans right.
The agreement with the UK also gives other world leaders a reason to hope that other deals can rescue the global economy from the abyss, providing a framework for future negotiations.
One trade ‘deal’ done, 199 to go | Business
CNN·21h·ReliableThis source consistently reports facts with minimal bias, demonstrating high-quality journalism and accuracy.Leans LeftThis outlet slightly leans left.The pact provides some support for President Donald Trump’s arguments that his steep tariffs could lead to agreements that open up overseas markets.
What's in the US-UK trade deal? A broad agreement with limited details
Associated Press·21h·ReliableThis source consistently reports facts with minimal bias, demonstrating high-quality journalism and accuracy.CenterThis outlet is balanced or reflects centrist views.
The trade announcement with the U.K. comes as Treasury Secretary Scott Bessent and U.S. Trade Representative Jamieson Greer are set to meet with senior Chinese officials for the first time this weekend in Switzerland to begin trade talks.
Trump Announces First Post-Tariff Trade Deal
Daily Caller·1d·Mixed ReliableThis source has a mixed track record—sometimes accurate but also prone to bias, sensationalism, or incomplete reporting.RightThis outlet favors right-wing views.
The deal will see lower tariffs as well as reduced non-tariff barriers on a number of goods, including agricultural products, though the basic 10% tariff rate the Trump administration previously imposed will remain in place.
Trump touts UK trade deal as boosting US agriculture, beef producers
Fox Business·1d·Mostly ReliableThis source is generally reliable but sometimes includes opinion, propaganda, or minor inaccuracies.Leans RightThis outlet slightly leans right.
The deal, the first one struck by the US since Trump imposed his far-reaching tariffs, is also said to strip back paperwork for British companies looking to export to the US.
US and UK cement trade deal easing recession fears
Al Jazeera·1d·ReliableThis source consistently reports facts with minimal bias, demonstrating high-quality journalism and accuracy.Leans LeftThis outlet slightly leans left.
The U.S. economy has remained OK so far, with the Federal Reserve saying Wednesday that it still looks to be running at a solid rate underneath the surface.
UK trade deal announcement brings hope to Wall Street
PBS NewsHour·1d·ReliableThis source consistently reports facts with minimal bias, demonstrating high-quality journalism and accuracy.Leans LeftThis outlet slightly leans left.
This trade deal comes just a month after the administration first implemented tariffs on dozens of foreign countries aimed at renegotiating trade deals that are more advantageous to America.
Trump unveils first trade deal with UK, securing major milestone amid tariff uncertainty
The Blaze·1d·Mostly ReliableThis source is generally reliable but sometimes includes opinion, propaganda, or minor inaccuracies.RightThis outlet favors right-wing views.
The administration’s preliminary deal is the first by the United States since Trump announced his comprehensive April 2 “Liberation Day” tariff plans.
Trump Unveils UK Trade Deal, Signals Boost in Trade and Tariff Revenue
Epoch Times·1d·Mixed ReliableThis source has a mixed track record—sometimes accurate but also prone to bias, sensationalism, or incomplete reporting.RightThis outlet favors right-wing views.
Each weekday, The Daily Money delivers the best consumer and financial news from USA TODAY, breaking down complex events, providing the TLDR version, and explaining how everything from Fed rate changes to bankruptcies impacts you.
The Daily Money: The US has its first trade deal
USA TODAY·1d·ReliableThis source consistently reports facts with minimal bias, demonstrating high-quality journalism and accuracy.CenterThis outlet is balanced or reflects centrist views.
The U.S. president, meanwhile, has evinced no consistent vision or commitment comparable to Xi’s.
Trump’s Weak Position on Trade
The Atlantic·1d·Mostly ReliableThis source is generally reliable but sometimes includes opinion, propaganda, or minor inaccuracies.Leans LeftThis outlet slightly leans left.
The administration will begin trade negotiations with China this weekend.
Trump Announces Trade Deal with UK, Hints It's 'the First of Many'
CBN·1d·Mostly ReliableThis source is generally reliable but sometimes includes opinion, propaganda, or minor inaccuracies.RightThis outlet favors right-wing views.
Mr. Trump did not release any details of the agreement with Britain, which he plans to announce at the White House later Thursday.
Trump Announces ‘Full and Comprehensive’ U.S.-UK Trade Deal
New York Sun·1d·Mixed ReliableThis source has a mixed track record—sometimes accurate but also prone to bias, sensationalism, or incomplete reporting.RightThis outlet favors right-wing views.
The trade agreement comes after Trump placed a 10% tariff on the U.K. earlier this year.
U.S.-U.K. Trade Deal: What We Know So Far
TIME Magazine·1d·ReliableThis source consistently reports facts with minimal bias, demonstrating high-quality journalism and accuracy.Leans LeftThis outlet slightly leans left.Trump set an optimistic tone going into the weekend talks.
Trump: US, China Set to Talk Tariffs
Newsmax·1d·Mixed ReliableThis source has a mixed track record—sometimes accurate but also prone to bias, sensationalism, or incomplete reporting.RightThis outlet favors right-wing views.
A trade deal with the United Kingdom would be symbolically important and a relief for British exporters.
US and UK expected to announce a trade deal that Trump says will cement their relationship
Boston Herald·1d·Mostly ReliableThis source is generally reliable but sometimes includes opinion, propaganda, or minor inaccuracies.Leans RightThis outlet slightly leans right.
The deal with Britain would be the first.
Trump trade deal rhetoric and protesters arrested at Columbia University: Morning Rundown
NBC News·1d·ReliableThis source consistently reports facts with minimal bias, demonstrating high-quality journalism and accuracy.CenterThis outlet is balanced or reflects centrist views.
A trade deal with the United Kingdom would be symbolically important and a relief for British exporters.
U.S. and U.K. expected to announce what Trump has called "major trade deal"
CBS News·1d·ReliableThis source consistently reports facts with minimal bias, demonstrating high-quality journalism and accuracy.CenterThis outlet is balanced or reflects centrist views.
What is announced today is likely to be only the bare bones of a narrow agreement.
What could be in the UK-US tariff deal?
BBC News·1d·ReliableThis source consistently reports facts with minimal bias, demonstrating high-quality journalism and accuracy.CenterThis outlet is balanced or reflects centrist views.
What Trump has demonstrated is that when the will is there, trade deals can be negotiated very rapidly – in weeks rather than years, as is traditional.
Could Trump’s UK deal start a golden age of free trade?
The Spectator World·1d·Mostly ReliableThis source is generally reliable but sometimes includes opinion, propaganda, or minor inaccuracies.RightThis outlet favors right-wing views.
The precise nature and details of the trade deal are yet to be confirmed, but the UK has been taking a softly-softly approach to Trump’s tariff “liberation day.”
Trump Readies UK Trade Deal, As British Minister Says Talks Underway To “Mitigate” Film Tariff
Deadline·1d·ReliableThis source consistently reports facts with minimal bias, demonstrating high-quality journalism and accuracy.CenterThis outlet is balanced or reflects centrist views.
Trump's agreements could be more like frameworks, with details to be determined down the line.
Trump is set to announce his first trade deal since his tariffs sent markets reeling
NPR·1d·ReliableThis source consistently reports facts with minimal bias, demonstrating high-quality journalism and accuracy.CenterThis outlet is balanced or reflects centrist views.
Self deporting has been something the Trump administration has been pushing, as opposed to having ICE arrest and deport migrants.
Trump admin live updates: DHS to pay immigrants in US illegally $1K to self deport
ABC News·4d·ReliableThis source consistently reports facts with minimal bias, demonstrating high-quality journalism and accuracy.CenterThis outlet is balanced or reflects centrist views.
Summary
On May 8, President Trump announced a preliminary trade agreement with the UK aimed at expanding market access for American beef, ethanol, and agricultural goods. The deal will cut tariffs on UK cars to 10% for up to 100,000 cars and eliminate duties on UK steel. However, critics argue that the agreement’s immediate economic impact may be negligible, as the UK is not a major trading partner for the US. Both leaders emphasized the deal as a step towards better trade relations, although unresolved issues remain. Stocks reacted positively to the news amid hopes for broader trade negotiations.
Perspectives
The US and UK announced a trade deal that aims to lower tariffs while maintaining the 10% import tax initially set by Trump, with details still pending for specific sectors like automotive and pharmaceuticals.
The deal may create new export opportunities amounting to around $5 billion for American products, particularly agricultural goods, and some British exports will enjoy lower tariffs entering the US market.
While the deal is hailed as a step towards more robust trade relations, there are concerns that it is more symbolic than substantive, as significant issues like the digital services tax and healthcare access remain unresolved.
FAQs
History
- 1d
- 1d
- 1d
- 1d