Keir Starmer makes a statement on U.S. trade negotiations after transaction report | Trade policy

The UK and the United States are expected to announce a trade agreement, the first in the White House since Donald Trump announced global tariffs.

Downing Street said Keir Starmer will hold trade talks with the United States on Thursday. The U.S. Guardian reported that the UK had reached an agreement with Trump.

The agreement may focus on reducing U.S. tariffs on specific products, such as UK steel, aluminum and automobiles.

Trump said Wednesday he was preparing to announce a "major trade agreement with representatives of a huge and respected country." In his post about Truth Social, he promised that it would be "the number one for many people."

A spokesman for Fourteen said: "The Prime Minister will always act in the national interest of the UK - for workers, business, families. The United States is an indispensable ally of our economy and national security. Regarding transactions between our countries, transactions between our countries have been continuing, and the Prime Minister will update later today."

It is unclear whether further negotiations are needed or whether tariffs will be temporary or permanent. The deal is not expected to be a comprehensive trade agreement.

The trade deal will be the agreement Trump has reached with any country. It would be a win for Starmer, who has been seeking to reduce the impact of the comprehensive tariffs announced by the U.S. president last month.

Senior British negotiators this week worked in Washington, D.C. to reach a deal at a UK summit with the EU on May 19, while ministers also established closer ties with Brussels.

Two outstanding problems in the United States are Trump’s tariffs on the pharmaceutical and film industries, both of which have caused great damage to the UK.

British ministers have offered discounts, including tariffs on certain U.S. products and changes to digital service taxes for U.S. technology companies. They ruled down the standards for food banning sales in the UK to prohibit beef immersed in chlorine or hormones.

U.S. tariffs include 10% import tax on all UK exports, steel, aluminum and 25% charges on automobiles. The 10% baseline tariff is not expected to change.

"The United States is an indispensable ally of Britain in the field of economic and national security," said Defence Secretary John Healey. "We have been talking in detail about the economic agreement since the Prime Minister's visit to the White House in February," he told the Times radio.

JD Vance, U.S. vice president, made a breakthrough in negotiations with the UK three weeks ago, when he said “It is very likely that, yes, we will reach a huge deal, which is the best interest of both countries.”

Earlier this week, Starmer announced that after more than three years of negotiations, it had reached a free trade agreement with India. This will reduce tariffs on a range of British exports, including cars and whiskey, as well as Indian imports, including clothing and some food.

Trump's tariffs have fueled negotiations with Delhi, and both Britain and India are seeking to mitigate their impact. India is also reaching a deal with the United States.

The Liberal Democrats call for a vote on any U.S. PR agreement to "can be properly reviewed."

Daisy Cooper, deputy leader of the party, said: "If the government is confident that the agreement negotiated with Trump is a British national interest, it should not be afraid to bring it to MPs."