1 month ago
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WASHINGTON (NewsNation) — President Donald Trump has announced an statement with the United Kingdom connected tariffs, the archetypal successful what helium claims is simply a bid of trade deals negotiated nether his administration.
In a social media post Thursday, helium called the statement “a afloat and broad one” that volition “cement the relationship” betwixt the 2 nations for years to come.
He said the U.K. was chosen archetypal owed to the country's shared past and alliance, and hinted that much deals are “in superior stages of negotiation.”
A quality league is scheduled for 10 a.m. ET successful the Oval Office.
Trump: More trade deals on the horizon
Trump has agelong touted upcoming commercialized deals and has said his medication is successful talks with countries including India, Japan and South Korea. Earlier this week, helium reiterated that much deals are connected the horizon.
“I tin denote 50 to 100 deals close present due to the fact that I’m the shopkeeper and I support the store," Trump said. They tin spell shopping, oregon they don’t person to spell buying due to the fact that everybody wants to store here. This is similar a beauteous store."
Thursday's announcement comes hours aft the Federal Reserve opted to support involvement rates unchanged, contempt Trump's propulsion for a complaint chopped to easiness unit from his commercialized policies.
With nary relief, Trump appeared to beryllium turning to commercialized deals to stimulate the economy and boost markets.
Trump is not relenting on China tariffs
Trump has remained steadfast connected China, however, refusing to little his 145% tariff to restart negotiations.
Treasury Secretary Scott Bessent and his Chinese counterpart are acceptable to conscionable this play successful Switzerland — the first in-person talks since the commercialized escalation began.
Vice President JD Vance previewed the gathering and the administration’s outlook for immoderate planetary commercialized deals up of the talks, describing a cautiously optimistic but steadfast approach.
“We privation to rebalance commercialized successful the involvement of American workers, successful the involvement of American manufacturers. That is our policy," Vance said astatine the Munich Security Conference successful February. “We deliberation that we tin bash that portion preserving astatine slightest an unfastened dialog with the PRC (People’s Republic of China) and a batch of different nations each implicit the world. But that doesn’t mean the aged mode of doing concern is going to beryllium unchangeable oregon that it’s going to persist."
China, successful turn, has reaffirmed its absorption to the tariffs.
"China is unfastened to dialogue, but immoderate dialog indispensable beryllium based connected equality, respect and communal benefit," a overseas ministry spokesperson said.
