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US, UK reach 'breakthrough' trade deal: Trump
FILE - Britain's Prime Minister Keir Starmer, left, and U.S. President Donald Trump shake hands at a joint press conference in the East Room at the White House Thursday, Feb. 27, 2025, in Washington. (Carl Court/Pool Photo via AP, File)
WASHINGTON: President Donald Trump said on Thursday that the United States (US) and the United Kingdom (UK) have reached a "breakthrough" trade deal.
"This morning, I'm thrilled to announce that we have reached a breakthrough trade deal with the United Kingdom," Trump said at the White House.
He said the deal with the UK is the first in a series of agreements on trade that his administration has been negotiating over the past four weeks.
"With this deal, the UK joins the United States in affirming that reciprocity and fairness is an essential and vital principle of international trade," he added.
The UK will reduce numerous non-tariff barriers that "unfairly discriminated against American products," Trump said.
UK Prime Minister Keir Starmer said virtually that it is a "really fantastic, historic day" in which the countries can announce this deal.
"And I think it's a real tribute to the history that we have of working so closely together. ...Really important deal. This is going to boost trade between and across our countries. It's going to not only protect jobs, but create jobs, opening market access," he added.
-- BERNAMA
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