Trump announces trade deal with the UK, first since his tariffs sent markets reeling

President Trump said this would boost U.S. exports of beef, ethanol, and other goods — though details on food standards still need to be worked out. The 10% U.S. tariff on imports of most British goods remains.

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Trump announces trade deal with the UK, first since his tariffs sent markets reeling
President Trump announces a trade agreement with the United Kingdom on May 8, 2025 as Commerce Secretary Howard Lutnick, Vice President Vance, British Ambassador Peter Mandelson and U.S. Trade Representative Jamieson Greer look on.

President Trump said this would boost U.S. exports of beef, ethanol, and other goods — though details on food standards still need to be worked out. The 10% U.S. tariff on imports of most British goods remains.

(Image credit: Jim Watson)

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