08.05.2025 18:20
U.S. President Donald Trump announced that they have reached a trade agreement with the United Kingdom. In his statement, Trump said, "We have signed a groundbreaking trade agreement with the UK." Just a few days ago, Trump had mentioned that he would make an announcement that would shake the world within twenty-four hours.
The agreement on customs between the USA and the UK was announced to the world by US President Donald Trump.
Speaking to reporters at the White House, US President Donald Trump stated that they made a groundbreaking agreement on customs duties with UK Prime Minister Keir Starmer.
"WE SIGNED A GROUNDBREAKING CUSTOMS AGREEMENT"
In his statement, Trump said, "We have signed a groundbreaking customs agreement with the UK." US President Donald Trump added, "Today is a very special day. I have reached a groundbreaking agreement. It is a tremendous agreement for both countries. The final details will be put in writing in the coming weeks."
WHAT HAPPENED?
US President Donald Trump had previously stated at the White House that he would make a "positive" announcement that would "shake the world within 24 hours."
TRUMP'S CUSTOMS DUTY DECISION GENERATED A LOT OF DISCUSSION
Last month, US President Donald Trump imposed customs duties. Trump stated that a 25% tax would be applied to cars produced in foreign countries, saying, "We imposed a 2.5% customs duty on foreign cars. The EU imposed a 10% customs duty on us. Starting from midnight, we will apply a 25% customs duty on all foreign cars."
Furthermore, following the US's customs duty decision, China also raised its customs duties. The steps taken increased tensions in trade, and mutual tax increases continued.