The New York Times reports:
President Trump announced a trade agreement with Britain on Thursday that he said would be the first of many to remake the global trading system — even as he said its details would be finalized in the coming weeks.
Mr. Trump, speaking from the Oval Office with Prime Minister Keir Starmer of Britain on speakerphone, praised the agreement with “one of our closest and most cherished allies.” He said it would include billions of dollars of increased market access for American exports, including beef, ethanol and other farm products, and called it a “great deal for both countries.”
“I was surprised to see how big your country is in trade,” Trump says, looking over at the British ambassador. “What a beautiful accent,” Trump says after Peter Mandelson finishes speaking.
Read the full article. Another concept of a plan.
Rueful chuckle over how this trade deal “will cement the relationship … for many years to come.”
We already had a trade deal with the UK and the other countries too. Trump threw them all out the window.
Nobody’s going to believe these deals are permanent either. Trump broke that.
— Max Kennerly (@maxkennerly.bsky.social) May 8, 2025 at 6:21 AM
Mandelson’s looking thrilled about the US/UK trade deal announcement.
— Looking at the stars (@lookingatthestars.bsky.social) May 8, 2025 at 11:14 AM
MASSIVE LET DOWN: Donald Trump admits his “huge trade deal” with the UK is NOT finalized yet and instead is only a concept of a plan. This is extremely embarassing in light of the press hype.
Art of the deal. 🤡 pic.twitter.com/anJMgCZha3
— CALL TO ACTIVISM (@CalltoActivism) May 8, 2025
Trump’s “big” trade deal is with the UK:
– It’s a framework not a deal
– They’re our 11th largest trading partner
– They’re only 3% of US trade (97% to go)
– They *already* charge average tariffs of only 1% (limited upside)It’s a photo op, with little macroeconomic significance pic.twitter.com/ZATQDtckE4
— Justin Wolfers (@JustinWolfers) May 8, 2025