Trump to announce trade agreements with Great Britain on Thursday, says reports | Donald Trump News

Reports come after the US President teases the announcement of an agreement with an unnamed country.

The President of the United States, Donald Trump, is to announce a trade agreement with the United Kingdom on Thursday. The US media have reported what the first such agreement has had since it was introduced to its extensive tariffs.

The reports come after Trump teased the announcement of an agreement with an unnamed country on social media on Wednesday.

“Big press conference tomorrow morning at 10:00 a.m., the Oval Office, about a large trade agreement with representatives of a large and highly respected country,” said Trump in a post on his social platform. “The first of many !!!”

The New York Times, who reported the news together with Wall Street Journal, Politico and CNN, said it was not clear whether the agreement had been concluded.

Investors have intentionally waited for signs of a relaxation of Trump's trade war because it is feared that long uncertainty about tariffs in the global economy could cause serious damage.

The International Monetary Fund reduced its global growth forecast for 2025 to 2.8 percent in the middle of Trump's Handels Salvos last month.

On Tuesday, US and Chinese civil servants confirmed that they would hold their first trade talks in Switzerland this weekend and that they would increase the hopes of a breakthrough in the de facto -Mutual -mutual adhesive between the two largest economies in the world.

The United Kingdom was spared Trump's “mutual” tariffs from Trump, which was announced against dozens of countries last month, but its exports have been subject to a “baseline” of 10 percent since April 9.

The US and UK DID 314.6 Billion Pounds ($ 419BN) Worth of Trade in Goods and Services in 2024, to Increas of 3.9 Percent From the Previous Year, According to the UK's Department for Business and Trade.

The British Prime Minister Keir Starrer announced the completion of a “pioneering trade agreement” with India at the beginning of this week, which he said that he would add £ 4.8 billion ($ 6.4 billion) per year.