US Trump announces trade deal with the UK
FXStreetMay 8, 2025 3:02 PM
US President Donald Trump made a flurry of remarks on Thursday, highlighting what he described as a major breakthrough in trade relations with the United Kingdom.
Key Takeaways
- Just concluded rare earth deal with Ukraine.
- Speaking with Zelenskiy soon.
- Reached breakthrough deal with UK.
- UK agreement increases access for beef, ethanol.
- UK will reduce non-tariff barriers.
- UK will fast track US goods through customs.
- Won't be any red tape.
- Things will move quick both ways.
- Will receive new market access for US chemicals, machinery.
- Have many meetings planned, every country wants a deal.
- Want protections for steel.
- Going to be uneasing on steel.
- Deal includes plans to bring UK into economic security alignment with US.
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