President Trump announced a major trade agreement with the United Kingdom, a massive win for American economic interests that Biden could not achieve. The deal lowers tariffs, generates billions of dollars in income for American companies, and paves the way for dozens of other agreements with eager international partners who want to do fair trade with the United States.
America First Trade Strategy Delivers Results
The historic U.S.-U.K. trade agreement represents the first bilateral deal since President Trump implemented his strategic import taxes to protect American manufacturing. After stalling under the Biden administration, these negotiations swiftly advanced once President Trump returned to office, demonstrating his superior deal-making capabilities on the world stage.
— קובי ברדה-Dr. Kobby Barda (@kobbybarda) February 18, 2025
Treasury Secretary Scott Bessent has informed Congress that the administration is currently negotiating with 17 additional trading partners, with more agreements expected soon. The deal includes increased access to British markets for American agricultural products and eliminating non-tariff barriers that have historically hindered U.S. exports, creating what Commerce Secretary Howard Lutnick projects will be $6 billion in revenue for American businesses.
Economic Wins for American Workers
The agreement exempts key American industries from punitive tariffs while securing significant commitments from the British to purchase American goods. A considerable component includes a $10 billion purchase of Boeing planes by a British airline, directly supporting American manufacturing jobs that suffered under previous administrations’ weak trade policies.
BREAKING: Treasury Secretary CONFIRMS Trump’s plan to swap income tax for tariffs — “There is a good chance we’ll see it in the upcoming tax bill.”
In a bombshell moment during the White House press briefing, Treasury Secretary Scott Bessent just confirmed that tariff revenue… pic.twitter.com/N0mQNVemFY
— The Vigilant Fox 🦊 (@VigilantFox) April 29, 2025
President Trump’s trade strategy has already generated $15.9 billion in tariff revenue, representing a 105% increase from the previous year. U.S. Trade Representative Jamieson Greer confirmed ongoing productive discussions with Vietnam, Japan, Guyana, Saudi Arabia, and the Philippines. South Korea was described as particularly proactive in seeking mutually beneficial trade terms with the United States.
Reclaiming American Economic Leadership
The United Kingdom has pursued this agreement since Brexit in 2016, highlighting President Trump’s strategic advantage in negotiations. Prime Minister Starmer described today as a “historic day” for U.K.-U.S. relations. At the same time, President Trump emphasized that the deal would create something “very special for the United Kingdom and special for the United States.”
“We are sitting on the catbird seat. They want us. We don’t need them,” President Trump stated regarding America’s position in global trade negotiations.
The successful U.K. deal follows the President’s decisive action to pause reciprocal tariffs until July 9th, creating leverage that accelerated negotiations. While the Biden administration neglected trade relationships with key allies for years, President Trump’s administration quickly restored America’s economic leadership on the world stage, securing terms prioritizing American interests while creating mutually beneficial partnerships with nations that respect fair trade principles.
Sources:
https://www.pbs.org/newshour/world/watch-live-trump-expected-to-announce-u-s-u-k-trade-deal
https://www.cbsnews.com/news/us-uk-trump-starmer-major-trade-deal/