US President Donald Trump announced that he called the “Breaksto” trade deal with the United Kingdom on Thursday.
Trump said on his true social media platform, “Agreement with the United Kingdom is a complete and comprehensive that will strengthen the relationship between the United States and the United Kingdom for many years to come.”
“It is a great honor to keep the United Kingdom as our first declaration, due to our long -term history and loyalty.”
Strandmer vows to protect UK workers and businesses
Britain’s Prime Minister Kir Strey indicated on an upcoming announcement on Thursday.
Strandmer said at a press conference in London, “The conversation with the US is going on with a bee and you will hear more about that later from me.” “But don’t make any mistake, I always want to work to provide security and renewal for our country, for workers, businesses and families.”
A British official suggested that the UK was considering reducing its own tattifies on American cars, considering cutting digital sales tax affecting US tech companies, the Reuters said.
Trump’s tarot negotiations kept for testing
Since assuming office early this year, the Trump administration has been actively expanding the American tariff padia.
In April, Trump announced a comprehensive tariff on American trading partners, however, most of the tariffs announced were later reversed or prevented to allow for business talks. However, 145% levy stands on Chinese imports.
The US President has repeatedly stated that many countries are eager to finalize deals with the US.
Investors will be looking to see if Trump can reduce trade and in turn, who were causing chaos in the stock markets around the world.
Officials of the US and China are meeting in Switzerland on Saturday to find a resolution between the world’s two largest economies to find a proposal for trade.
Post-Brexit eager for UK trade deals
UK has demanded to expand global trade relations, except for Meuhhile, Bnce European Union. But Brexit gave some mild relief, with Trump’s announcement to only 10% in the UK, half of the 20% declared against the European Union.
Nevertheless, a business deal with the US is seen as important by Strair’s government.
A Downing Street spokesman said, “The United States is an indispensable ally for both our economic and national security.” “The conversation on a deal between our countries continues in pace and the Prime Minister will update later today.”
Britain signed a free trade agreement with India earlier this week – the biggest trade deal since Brexit.
On Tuesday, a UK official announced a good progress between a conversation with Washington on reducing steel and auto. All the films produced outside the US are discussed about Trump’s recent 100% tariff announcement.
Edited by: Alex Berry