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The American leader teases a trade agreement with a “highly respected country”

Rana Adam by Rana Adam
May 8, 2025
in USA
0
The American leader teases a trade agreement with a “highly respected country”

US President Donald Trump has teased what he called an “important trade agreement”, which will mark the first type to be announced since he has imposed prices on dozens of American business partners.

He will hold a press conference at 10:00 am at Washington DC (3:00 pm BST) to announce an agreement with “representatives of a large and very respected country,” Trump said on the social platform of truth, giving no more details.

Several American media have indicated that the United States would have concluded a trade agreement with the United Kingdom, citing people familiar with the plans.

The BBC contacted the White House and the British Department for Business and Trade to comment on the reports.

On April 2, Trump announced steep prices on dozens of business partners, before announcing a 90 -day break on the samples.

Governments around the world rushed to conclude agreements with Washington before the new deadline.

He left a global rate of 10% in place, which included the United Kingdom, although the long-standing ally of America is not subject to the higher “reciprocal” prices of the administration.

The United Kingdom is also subject to an American import tax of 25% on steel, aluminum and cars.

Washington is about to conclude trade agreements with India and Israel, according to reports.

The administration also pursues talks with several other countries, including Japan, South Korea and Vietnam.

Trump said he wanted the nations to conclude new agreements with the United States while trying to radically reshape the global trade system.

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