US and Britain Set to Announce Historic Tariff Reduction Deal
The United States and Britain are preparing to announce an agreement to lower tariffs on certain goods on Thursday, marking the first such deal since President Donald Trump implemented worldwide tariffs. Trump announced on Truth Social that he would hold an Oval Office news conference at 10 a.m. EDT Thursday regarding a "major trade deal with representatives of a big and highly respected country." A spokesperson for British Prime Minister Keir Starmer confirmed he would provide an update on US-UK trade discussions later Thursday. Sources familiar with the negotiations indicated the framework of an agreement would be announced. "The United States is an indispensable ally for both our economic and national security," a Downing Street spokesperson stated. "Talks on a deal between our countries have been continuing at pace, and the Prime Minister will update later today." A British official […]