Breakthrough trade deal announced between the U.S. and the U.K.

Emphasizing that this is the first in a series of trade packages negotiated over the past four weeks, Trump said that the U.K., alongside the U.S., reaffirmed that “reciprocity and fairness” are core principles of international trade.

“This morning, I'm thrilled to announce that we have reached a breakthrough trade deal with the United Kingdom,” Trump stated, highlighting that the deal opens up billions of dollars in new markets for American products, especially in the agriculture sector. He added that U.S. exports of beef, ethanol, and various other agricultural products would significantly expand.

According to the agreement, the U.K. will reduce or eliminate many non-tariff barriers on American goods. Additionally, U.S. chemical products, machinery, and many previously restricted industrial items will gain new market access. Trump noted that the agreement would create 5 billion dollars in new export opportunities for American farmers.

Trump also emphasized the agreement’s significance not only in trade but also in economic security. “With this deal, the UK joins the United States in affirming that reciprocity and fairness is an essential and vital principle of international trade,” he stated. Plans include strengthening industrial infrastructure for strategic sectors like steel, increasing export controls, and developing joint protection policies.

In a post on Truth Social, Trump claimed the agreement would generate 6 billion dollars in external revenue for the U.S. through 10% tariffs and create 5 billion dollars in new export opportunities for farmers and manufacturers. He also noted that establishing a trade zone for aluminum and steel and securing pharmaceutical supply chains would enhance national security for both countries.

According to a White House statement, the two nations will work together to improve access to both industrial and agricultural markets, boosting the competitiveness of U.S. companies in the U.K. procurement market. The deal will also grant the U.K. access to high-quality aerospace components and support U.S. aerospace production, while ensuring a secure pharmaceutical supply chain.

The 10% base tariff announced by the U.S. on April 2 will remain in effect. Trump referred to this date as a “day of liberation,” as tariff rates for various countries were announced, with implementation scheduled for April 5. However, additional tariffs for countries other than China have been deferred for 90 days.

This new trade agreement stands out as a concrete example of the Trump administration’s “America First” trade strategy. It is expected to contribute to economic growth, job creation, and a more secure supply chain for both the U.S. and the U.K.