Trump: US and UK strike new trade agreement

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US President Donald Trump made a flurry of remarks on Thursday, highlighting what he described as a major breakthrough in trade relations with the United Kingdom.

Key Takeaways

  • Just concluded rare earth deal with Ukraine.
  • Speaking with Zelenskiy soon.
  • Reached breakthrough deal with UK.
  • UK agreement increases access for beef, ethanol.
  • UK will reduce non-tariff barriers.
  • UK will fast track US goods through customs.
  • Won't be any red tape.
  • Things will move quick both ways.
  • Will receive new market access for US chemicals, machinery.
  • Have many meetings planned, every country wants a deal.
  • Want protections for steel.
  • Going to be uneasing on steel.
  • Deal includes plans to bring UK into economic security alignment with US.
  • From UK trade deal, the US will raise $6B in external revenue from 10% tariffs, $5B in new export opportunities.
  • US-UK trade deal will lead to the creation of an aluminium and stell trading zone, and a secure pharmaceutical supply chain.
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