Trump to Announce New Trade Deal in Oval Office Press Conference

U.S. President Donald Trump is preparing to reveal a major international trade agreement during a press conference at the White House. The event is scheduled for 10 a.m. EDT (2:00 p.m. GMT) on Thursday.

While Trump did not name the country involved, he described it as a “highly respected” nation and hinted that more deals could follow soon. Media reports suggest the country may be the United Kingdom.

Recent Tariff Moves Spark Global Talks

This announcement comes after weeks of strong tariff actions by the U.S. government. Recently, Trump raised import taxes on many products:

145% tariffs on Chinese goods

25% tariffs on items from Canada, Mexico, and other trading partners

Products like automobiles, steel, and aluminum were targeted

However, some of these new tariffs have been temporarily paused for 90 days to allow time for talks with trading partners.

Trade Deals in the Pipeline

The U.S. is currently in discussions with several major countries to improve trade relations. Ongoing negotiations involve:

India

South Korea

Japan

The White House is pushing to finalize multiple trade agreements within the next two weeks.

What’s Next?

President Trump said this could be the first of many trade deals his administration will announce. If finalized, these deals could reshape U.S. trade policy and impact global markets.

Stay tuned for more updates as the Thursday press conference may set the tone for America’s future trade strategy.

Update

Trump Announces Major US-UK Agreement

U.S. President Donald J. Trump has announced a significant new agreement between the United States and the United Kingdom. In a social media post, Trump called it a “very big and exciting day” for both nations, revealing that a press conference would be held at the Oval Office at 10 A.M.

Trump emphasized the strength and depth of the agreement, describing it as “a full and comprehensive one that will cement the relationship between the United States and the United Kingdom for many years to come.” He highlighted the shared history and allegiance between the two countries and called it “a great honor” to have the UK as the first among multiple upcoming international deals.

“Many other deals, which are in serious stages of negotiation, to follow!” Trump added.