US and UK expected to announce deal to reduce tariffs
The US and the UK are expected to announce a deal to reduce tariffs on Thursday.
The UK government has been seeking an agreement to lower tariffs since President Donald Trump imposed them on almost every country in the world last month.
President Trump appeared to allude to the agreement when he posted on social media on Wednesday night: "Big News Conference tomorrow morning at 10:00 A.M., The Oval Office, concerning a MAJOR TRADE DEAL WITH REPRESENTATIVES OF A BIG, AND HIGHLY RESPECTED, COUNTRY. THE FIRST OF MANY!!!"
On 2 April, Trump announced steep tariffs on dozens of trading partners, before announcing a 90-day pause on the levies.
