President Donald Trump is expected to announce trade agreements with Great Britain: Report

President Donald Trump is expected to announce a “big trade” contract between the United States and Great Britain on Thursday, a new report.

President Trump wrote about the social truth on Wednesday and said that the deal would be announced during a press conference from the Oval Office.

“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. The first of many !!!” Trump wrote and used all caps generously.

He stated no further details, but said it was “the first of many”.

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The contribution takes place after the New York Times and quoted three people familiar with the plans, reported that Trump should probably announce a trade agreement with Great Britain

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A deal would be the second for Great Britain in a week after winning a free trade pact with India.

President Donald Trump talks to the media after signing executive orders in the Oval Office. (Saul Loeb / AFP via Getty Images / Getty Images)

A British official said on Tuesday that Great Britain and the USA would have made good progress in a trade agreement that would probably contain lower tariff rates for steel and cars.

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The news of a US UK trade agreement comes because the US and Chinese officials are preparing to have the talks in Switzerland that could be the first step to solve a potentially harmful trade war between the two most important economies in the world.

The April Jobs Report, which was just published after the first 100 days of President Donald Trump's office, came better than expected with 177,000 new salary statements. (Scott Olson / Getty Images / Getty Images)

Trump's trade war shaked the financial markets and aroused the fears of a recession, whereby central bankers and managing directors struggle with often chaotic political design that tore through world supply chains and a whole series of industries.

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The International Monetary Fund has reduced its growth forecasts for the United States, China and most countries last month, with the effects of the US tariffs and the warning that increasing trade voltages continue to slow further growth.

Reuters contributed to this report.