Trump to announce trade deal with UK on Thursday: US media

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Thu, May 8, 2025

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The National Academy of Sciences Elects 120 New Members For 2025

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Trump to announce trade deal with UK on Thursday: US media

Trump to announce trade deal with UK on Thursday: US media

^{Published on 2025-05-08 02:44:05 - AFP}

Donald Trump will announce a trade deal with the United Kingdom on Thursday, US media reported, after the president touted a "major" upcoming agreement on social media.Trump wrote earlier on Wednesday the "major trade deal" would be announced with a "big, and highly respected country."

Former President Donald Trump announced plans to impose a 10% tariff on all foreign goods if re-elected, aiming to replace income tax with tariffs, as stated during a campaign event in Iowa. This proposal comes amidst ongoing trade tensions and is part of Trump's broader economic strategy. The article also mentions that Trump's trade policies have been a significant aspect of his political platform, with previous actions including tariffs on steel and aluminum imports, which sparked retaliatory measures from other countries. Critics argue that such policies could lead to increased costs for consumers and strained international relations, while supporters believe they protect American industries and jobs.

Read the Full AFP Article at:
[ https://www.yahoo.com/news/trump-announce-trade-deal-uk-041332062.html ]

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