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Trump details framework of landmark US-UK trade deal: ‘Won’t be any red tape’

May 8, 2025
in News, Politics
Trump details framework of landmark US-UK trade deal: ‘Won’t be any red tape’
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WASHINGTON — President Trump announced Thursday that the US and UK had agreed on the framework of a trade deal – the first established since Trump’s “Liberation Day” tariff announcement last month.

Trump, 78, told reporters in the Oval Office that the UK will be “opening up the country” to American goods, especially agricultural products like beef.

Notably, the current tariff rate of 10% will remain in place on the UK, but will give London some breathing room on cars and plane parts — as well as invite the ally into an “economic security agreement” with the US.

President Donald Trump delivers remarks on a trade deal with the United Kingdom in the Oval Office of the White House, Thursday, May 8, 2025, in Washington.
President Donald Trump delivers remarks on a trade deal with the United Kingdom in the Oval Office of the White House, Thursday, May 8, 2025, in Washington. AFP via Getty Images
A poster is seen as U.S. President Donald Trump makes an announcement about a trade deal with the U.K., in the Oval Office at the White House in Washington, D.C., U.S., May 8, 2025.
Trump said the UK will be “opening up the country” to American goods, especially agricultural products like beef. REUTERS

The final details of the deal are still being written up, the president said.

“They’ll also be fast-tracking American goods through their customs process, so our exports go to a very, very quick form of approval, and there won’t be any red tape,” Trump added.

Trump has a close relationship with UK Prime Minister Keir Starmer, after the two met at the White House on Feb. 27.

Starmer was patched in via speaker phone during Trump’s announcement, saying the deal had been negotiated over a period of weeks.

Britain's Prime Minister Keir Starmer speaks on the phone to US President Donald Trump at a car factory in the West Midlands, Thursday, May 8, 2025.
Britain’s Prime Minister, Keir Starmer, specifically praised Commerce Secretary Howard Lutnick and US Trade Representative Jamieson Greer as playing key roles in the talks. AP
Britain's Prime Minister Keir Starmer speaks on the phone to US President Donald Trump at a car factory in the West Midlands, Thursday, May 8, 2025.
Trump has a close relationship with the UK Prime Minister (second from right, front row), after the two met at the White House on Feb. 27. AP

The PM specifically praised Commerce Secretary Howard Lutnick and US Trade Representative Jamieson Greer as playing key roles in the talks.

Trump had seemed unaware of a potential UK deal as late as Tuesday, telling The Post in the Oval Office when asked about reports a deal was close: “Who? What? … What about the United Kingdom? … They’re offering us concessions? I hope so.”

US President Donald Trump shakes hands with British ambassador to the United States Peter Mandelson after making a trade announcement in the Oval Office of the White House in Washington, DC, on May 8, 2025. US
The current tariff rate of 10% will remain in place in the UK, but will give London some breathing room on cars and plane parts, according to reports. AFP via Getty Images

Not everyone in the Trump world was taking a victory lap over the agreement.

“While it may be a good first step, ‘frameworks’ aren’t enough,” one source close to the administration said. “There needs to be tangibles, specifics, and serious enforcement mechanisms. Let’s not overpromise and underdeliver.

The post Trump details framework of landmark US-UK trade deal: ‘Won’t be any red tape’ appeared first on New York Post.

Tags: Donald TrumptradeUnited Kingdom
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