Later today, Donald Trump is reportedly set to unveil a trade deal with the UK. He’ll make the announcement alongside ‘a big and highly respected country’ which is said to be Britain. If the reports are true then it would make the UK the first country to secure a deal since Trump’s tariff turmoil began.
The announcement will come at 3 p.m. UK time and could be worth billions in what would be an unarguable win for Rachel Reeves and Keir Starmer.
Britain has already been somewhat shielded from the president’s wrath (and tariffs) because our trade in goods with the Americans is pretty much balanced (roughly £59 billion each way). Instead of selling physical things we’ve become America’s call centre with lots of services sold into the states because of how cheap it is to pay Brits compared with Americans.
The announcement will come at 3 p.m. UK time and could be worth billions
The deal would likely build on that, making it even easier for service firms to do business across the Atlantic.
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