New US-UK trade deal expected to be announced by Donald Trump

WorldBusiness & Finance
8 May 2025 • 9:14 PM MYT
The Independent
The Independent

The world’s most free-thinking newspaper

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  • Reports indicate that Donald Trump is poised to announce a trade deal between the US and the UK.
  • Trump hinted at a "major trade deal" on Truth Social, with a press conference anticipated.
  • The UK government has been actively seeking a deal to mitigate the impact of tariffs imposed by Trump last month.
  • These tariffs included a 10 per cent levy on all UK exports and 25 per cent on steel, aluminum, and cars.
  • This would be the first trade agreement since the tariffs were implemented on April 2.

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