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Trump administration to announce the trade agreement with Great Britain

remon Buul by remon Buul
May 8, 2025
in USA
0
Trump administration to announce the trade agreement with Great Britain

For the British Prime Minister, Keir Starmer, the trade agreement would offer a justification to his assiduous culture of Mr. Trump. During his visit to the Oval Bureau in February, Mr. Starmer presented himself with an invitation from King Charles III so that the president would make a rare second state visit to Great Britain.

The Trump administration seems to be close to agreements with India and Israel and continues to negotiate with South Korea, Japan, Vietnam and other nations. However, Trump again displayed his unpredictable approach to economic policy on Tuesday when he has minimized the prospect of commercial transactions, saying that other countries needed these agreements more than the United States.

“Everyone says” when, when, when are you going to sign agreements, “Trump said, at one point to Howard Lutnick, his trade secretary. “We don’t have to sign offers. We could sign 25 offers for the moment, Howard, if we wanted. We don’t have to sign offers. They must sign offers with us. ”

Commercial experts have said that Trump may intend to announce much more limited agreements than traditional trade agreements, which cover most of the exchanges between countries and require the approval of the congress. Historically, free trade agreements have taken the United States for more than a year to negotiate.

In his first mandate, Mr. Trump renegotiated several American trade agreements, including a free trade agreement with South Korea and Alena. But he also signed a series of “mini-decels” more limited with countries where they have reduced prices on a few types of goods or agreed to talk about a few sectors.

British officials also negotiated with the European Union and agreed on Tuesday a trade agreement with India. The agreement in India would reduce prices between countries and would provide more access to British companies to the India and Bank sectors, among other changes. The announcement follows almost three years of negotiations.

Mark Landler Contributed reports.

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