Donald Trump to announce a trade deal with the United Kingdom

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Donald Trump said to announce a new trade agreement with the United Kingdom on Thursday, people familiar with the talks said, while Britain could make the first country to reduce trade tensions with Washington.

Trump He said in a post on the social truth platform on Wednesday that “a large press conference” comes “with regard to a major commercial deal with representatives of a very respectful and respectful country.

The UK and the expected United States deal is one of 17 agreements aimed at the Trump administration to sign with its main commercial partners because it belongs to Comprehensive definitions In countries around the world announced on April 2.

The US President is under pressure to connect some early deals to show investors that he is serious about canceling trade tensions that have caused great fluctuations in the markets in recent weeks.

But US officials also insisted that a wide range of countries made offers to Washington in the hope of concluding deals to put a cover on their commercial conflicts with Trump.

The scope and details of the expected charter on Thursday with the United Kingdom were not clear, including whether more negotiations are needed to put it in the final touches on it, and the amount of relief from the American definitions that Britain will receive.

the I mentioned financial times On Tuesday, Washington and London were about to agree on a trade agreement that would provide low sessions for British cars and steel exports, which were hit 25 percent of Trump earlier this year.

This introductory relief will help compensate for the effects of “Liberation Day” in Trump on UK exports to the United States – which were identified at the rate of 10 percent last month.

Trump administration officials are holding talks with many countries including Japan, Vietnam, India and the European Union, but the fate of these talks is not certain.

Meanwhile, US Treasury Secretary Scott Bessin is scheduled to travel to Switzerland on Thursday before talks with Chinese officials on trade. Tensions between Washington and Beijing have raised fears of a harmful decrease in trade among the largest economists in the world.

Trump’s transformation towards commercial negotiations followed a sale in global stock markets at early last month after the United States struck many trade partners with a “mutual” tariff of up to 50 percent. However, these definitions have reduced the baseline rate by 10 percent for a period of 90 days to provide a field of negotiation, which contributes to the recovery of stock prices.

In addition to a violent reaction from investors, Trump faced accusations from Democrats and even some Republicans who believe that his comprehensive tariff destroys the economy and risk inflation. Opinion polls have shown that Americans are seeking to deal with Trump with the economy.

However, Trump and senior officials continued to defend their customs tariff policies on the basis that they want to reset the global economy so that the United States produces local and less dependent on imports-even if it brings some short-term turmoil.

The White House and the British Embassy in Washington did not respond to suspension requests.

The New York Times first reported that the commercial declaration on Thursday relates to the United Kingdom.