FX.co ★ Trump Hints at Major Trade Deal, Reports Point to UK

Reports indicate that President Donald Trump is preparing to announce a trade deal with the United Kingdom. On Truth Social, Trump alluded to a "major trade deal" with a "big and highly respected country," though he did not explicitly name the U.K. Sources informed The New York Times that the agreement was finalized after discussions in Washington, D.C. This deal is likely to include exemptions allowing certain U.K. exports, such as automobiles and steel, to avoid the full 25% tariff imposition. In related developments, Treasury Secretary Scott Bessent informed the House that the United States is currently engaged in trade negotiations with 17 of its 18 most critical trading partners.