Donald Trump is set to announce a trade deal with the UK on Thursday, making Britain the first country to reach an agreement with the US since the White House announced sweeping tariffs last month.
UK officials expect the deal to be limited in scope and focused on the car and steel industries, those hit hardest by Trump’s trade war, with 25 per cent tariffs on their US exports.
“This should be a very big and exciting day for the United States of America and the United Kingdom,” the US president said in a post on his Truth Social platform on Thursday, as he announced a White House press conference at 10am local time.
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