The U.S. and the United Kingdom are set to finalize a comprehensive trade deal, according to CNBC. The deal marks the first agreement announced since Trump’s imposition of steep “reciprocal” tariffs in April. Trump confirmed the deal Thursday via Truth Social, calling it a “full and comprehensive” pact that will “cement” ties between the two allies. A spokesperson for U.K. Prime Minister Keir Starmer said the U.S. is a vital ally and that trade talks have progressed quickly. Britain avoided the steepest of Trump’s “reciprocal” tariffs but was still subject to a baseline 10% levy despite its trade deficit with the U.S.
