Trump revealing ‘full and comprehensive’ commerce take care of UK in first main announcement since beginning world commerce conflict | EUROtoday

President Donald Trump is ready to announce cuts to tariffs with the United Kingdom, his first main commerce deal since he introduced his “liberation day” across-the-board tariffs.

The president introduced he had reached a take care of the UK on Truth Social, simply hours after teasing {that a} commerce settlement could be made quickly.

“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,” he wrote.

“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!” He added.

The administration has beforehand mentioned that the UK would wish to permit chlorine-washed rooster into the nation to keep away from tariffs, calling it one in all a spread of “non-tariff barriers” that restrict U.S. commerce. The United States additionally desires to permit hormone-fed beef.

Trump has lengthy complained about nations “ripping off” the United States with massive commerce deficits. But not like nations like China, the United States has an virtually negligible commerce deficit with the UK

News of the deal relieved stress on the U.S. inventory market with the Dow, S&P 500 and Nasdaq composite opening greater on Thursday morning.

Prime Minister Sir Keir Starmer has stepped up his appeal offensive with the president ever since Trump returned to the Oval Office in January. In February, the Prime Minister visited the White House and offered Trump with a proper invitation from King Charles for a state go to.

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