President Donald Trump announced a “full and comprehensive” trade agreement with the United Kingdom (UK) today.This is his administration’s first completed trade deal.Trump signed a preliminary trade deal with the UK that he says will speed US exports and set the stage for future deals.Along with the UK’s new ambassador Peter Mandelson, Trump told reporters the accord opens wider doors for American chemicals, machinery, and other industrial goods. Trump said the UK will “fast‑track” those products at its ports and work with the US to strengthen both countries steel sectors, although the specifics remain under negotiation..“Things are going to move very quickly both ways,” said Trump. “The final details are being written up, and in the coming weeks, we’ll have it all. It’s so good for both countries.”The announcement follows Trump’s early April sweeping “Independence Day” tariffs on imports from 70 nations. Trump has paused those tariffs for 90 days to allow talks, pointing to the UK deal as proof the tactic works..US–UK trade now totals under $150 billion USD a year, centred on high‑end cars and pharmaceuticals. Wall Street’s three major stock market indexes all went up after the news.In two Truth Social posts, Trump called the pact historic and said a formal news conference would follow in the Oval Office at 8 am MST."This should be a very big and exciting day for the United States of America and the United Kingdom. Press Conference at The Oval Office, 10 A.M. Thank you!" Trump posted to Truth Social.."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. 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!" Trump posted to Truth Social.The White House says the deal includes goods, services, and digital trade and aims to cut tariffs that reach as high as 25%. Trump added that “many other deals” are in advanced talks as Washington seeks to reset global trade relations after last month’s tariffs hit countries around the world.
