Former US President Donald Trump revealed that he will unveil a major trade agreement on Thursday during a press conference at the White House, scheduled for 10 a.m. Washington time.
While he did not explicitly name the country involved, multiple reports, including one from the New York Times, suggest that the deal will be with the United Kingdom.
Trump referred to the agreement as a huge trade deal with a great and respected country and stated it would be the first of many to come.
Though he offered no further details about the scope or content of the agreement, speculation has intensified due to recent discussions between Trump and UK Prime Minister Keir Starmer.
The two reportedly held what they described as productive negotiations at the end of March.
If confirmed, the trade pact would mark a significant step in post-Brexit economic ties between the UK and the US, potentially resetting transatlantic trade dynamics.
Trump’s announcement also comes on the heels of a sweeping economic overhaul, referred to by him as Liberation Day, which occurred on April 2. On that day, he imposed steep tariffs on imports from countries around the world, especially targeting China, in a bid to revive American industry and manufacturing.
As Trump positions himself for a potential return to the presidency, this trade development signals a clear pivot toward assertive economic nationalism and renewed international negotiations, with the UK likely to be at the centre of that shift.