PRESIDENT TRUMP ANNOUNCES TRADE DEAL WITH UK
The deal will bring the U.K. into the U.S. security blanket, Trump said. He outlined benefits for both countries and said the administration has more trade discussions in coming days. He claimed investments in the U.S. from this and future trade deals could amount to $10 trillion. Thursday's deal "opens up a tremendous market for us," Trump said of the agreement, which he said will be particularly good for U.S. agriculture and manufacturing. U.S. stock indexes were up 1% or so approaching midday. Trump said the administration has more deals in the works without providing details. "We can all play games, but it doesn't matter," because deals are what matter, Trump said, referring to coming talks with China. He said the administration is dealing now with the European Union over trade issues. He attributed the success of the U.K. deal in part to his decision to "blow up the whole system," saying doing so made reaching what he called a fair agreement easier. Trump thanked U.K. Prime Minister Keir Starmer, who spoke after Trump's introductory remarks. Starmer called the deal "a real tribute to the history" the two nations have of working together and noted that 80 years ago today Winston Churchill announced Allied victory in Europe. The deal today "is truly historic," Starmer said.
Founder and CEO of The Daniel Initiative, a firm specializing in government relations and strategic communications. He is a policy advisor, impact strategist, and former Congressional Aide with expertise in national security and public policy. Co-Chair of the Trade & Policy Committee at the British American Business Association (BABA) BREON WELLS