Trump Hints at Quick UK-US Trade Deal, Reducing Tariff Threat – BBC
During UK Prime Minister Sir Keir Starmer’s visit to the White House, U.S. President Donald Trump suggested that a trade deal between the UK and the US could be finalized “very quickly,” which might prevent new tariffs.
BBC reported that Trump has been threatening to impose a 25% tax on goods from several countries, including the UK, but he hinted that if a deal is reached, tariffs “wouldn’t be necessary.”
BBC explained that Sir Keir used the meeting to convince Trump that the UK-US trade relationship is already fair and balanced. Trump acknowledged that Sir Keir worked hard to make his case, even joking that the UK prime minister “earned whatever the hell they pay him.”
BBC noted that the two leaders discussed a broader economic agreement, especially in artificial intelligence, which Sir Keir believes could be a game-changer in fighting diseases like cancer.
Trump’s history with trade deals has been complicated. BBC recalled that when he was previously in office, he had promised a “very substantial” deal with the UK, but talks collapsed due to disagreements over agriculture and digital taxes.
Now, with Trump back in power, BBC said UK businesses are hopeful that this time, an agreement will be reached, especially one that benefits industries like automotive and pharmaceuticals.
BBC also highlighted that Sir Keir’s visit wasn’t just about trade. He presented Trump with a letter from King Charles, inviting him for an “unprecedented” second state visit to the UK.
Trump accepted, calling it a “great honor.” BBC emphasized that traditionally, US presidents only receive one state visit, making this a historic moment.
Despite signs of progress, BBC noted that Trump’s unpredictability means the UK must remain cautious. While a deal looks promising, Trump has a record of making bold trade moves, such as imposing tariffs on European steel and aluminum.
Whether this new UK-US deal will truly remove tariff threats remains to be seen.
Credit: BBC
https://www.bbc.com/news/articles/c7988r3q1p2o