President Donald Trump is expected to announce a long-anticipated trade deal with the United Kingdom on Thursday, marking a potential breakthrough in transatlantic relations amid rising global trade tensions triggered by his sweeping tariff regime.
The president teased the announcement in a post on Truth Social, promising a “MAJOR TRADE DEAL” at a press conference scheduled for 10 a.m. in the Oval Office. While Trump did not name the country, The New York Times has reported that the deal will be with the UK — a claim that has been echoed by UK officials.
“The first of many!!!” Trump wrote.
According to UK government sources, the agreement is expected to include lower tariff quotas on UK steel and autos, with reciprocal concessions from Britain on digital taxation and tariff reductions on American cars and agricultural goods.
The announcement comes at a key political moment for Prime Minister Keir Starmer, who is hoping to seal a trade pact with the US before unveiling his post-Brexit reset plan at an EU summit on 19 May.
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