Here’s Trump’s announcement post:
The New York Times says now it’ll be with the UK.
- The U.S. and Britain have been in talks over lowering British tariffs on American cars and agricultural products, as well as removing UK digital taxes on U.S. tech firms. It remains unclear whether the deal is finalized or if it represents a framework for continued negotiations.
Unlike other countries, Britain was not hit with additional “reciprocal” tariffs due to its trade surplus with the U.S., though it remains subject to a 10% global tariff and a 25% levy on steel, aluminum, and cars.
The UK was my pick. But … I don’t know about anyone else but I’ve lost count of how many times the NYT has been wrong about what to expect from Trump.
This article was written by Eamonn Sheridan at www.forexlive.com.