Trade Minister Howard Lootnick talks about the United States Trade Agreement

The newly announced commercial deal between the United States and the United Kingdom is only the beginning, as it is expected to expect more agreements in the coming weeks.

“This is it Donald Trump At its best, create the opportunity for a gay person to get out and conclude deals that are the best for America. “We got the cards, and we will play them incredibly incredibly,” said Lottenic.

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The initial deal – which is described as strengthening the American agriculture industry – maintains a 10 % tariff for British exports, reduces the duties of the United States on British car exports and expands access to agriculture in both countries. It is expected to generate $ 5 billion of export opportunities for American companies and $ 6 billion in customs tariff revenues, according to Lutnick.

“This is the correct type of the deal you want to do with a country,” said Lootnick. “We help them, we will sell them beef, and they will buy a little beef from other countries. I think this is the way it balances. It is great for us.”

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In addition, the trade deal allows the British-made Rolls-Royce engines to enter the customs tariff in the United States, and the engines are used in some Boeing aircraft. He said that the UK in turn plans to buy $ 10 billion in Boeing aircraft.

On Friday morning, Iag, the owner of British Airways, announced a new request for 32 Boeing 787-10 Dreamliner, according to Reuters.

Since Trump entered his post, revenues from customs tariffs increased by 45 % on an annual basis, at a rate of operation of $ 125 billion. However, the “winning step” for the United States, the gross domestic product reduces the trade deficit, Lootnick said.

“If we cut the deficit by 25 % – it is easy to do – this is one point of GDP,” he said.

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Companies are also flowing to the United States for Investment-where Trump recently celebrated a trillion dollars in US investment. Companies, including Apple, NVIDIA, Hyundai and Merck, promised to invest billions of dollars in the United States

It is also expected that the USA’s deal will reduce the relying on the supply chains that come out From China Lootnick said that walking in future deals.

“This is the type of step that will change the way America operates, changes the way America feels for itself, and the car will drive Our economyThe president said he understands the work. … Wait until you see the numbers coming out of the Middle East next week. “

While more deals are currently working, the United States focuses mainly on working with the largest countries.

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“We want to do a large country from Asia for sure, because we want to be geographic. We want to show people the structure of how to do this,” said Lottenic. “But remember – the giant countries. I don’t want to go quickly. I want to do it correctly.”