5 Minute News

New Trade Agreement Between the US and the UK

May 8, 2025

Donald Trump announced a new trade agreement between the US and the UK aimed at boosting exports and streamlining customs processes. The deal includes billions in exports of agricultural products and steel. British Prime Minister Keir Starmer called the day historic, praising the US negotiating team. A 10% tariff remains in place, generating significant revenue for the United States.