President Donald Trump and his administration reached a major trade deal with Britain on Thursday and ended the week of trade talks with China over the weekend.
Details of specific trade plans with the UK are scarce, but the deal brings the existing 10% tariffs in line with UK goods, while removing some import duties on items like steel and automobiles.
"Through this deal, Britain joins the United States, confirming reciprocity and equity are essential and crucial principles for international trade," Trump said on Thursday. "The deal includes billions of dollars in U.S. export market acquisition, especially in agriculture, with a substantial increase in U.S. beef, ethanol acquisition, and almost all the products produced by our great farmers."
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President Donald Trump, along with Vice President JD Vance and British Ambassador to the United States, were third from left, listening to the Oval Office spokesperson in the Oval Office on May 8, 2025 after Trump's UK trade announcement. (Anna Moneymaker/Getty Images)
The deal was the first historical trade negotiation signed after Liberation Day, when Trump announced April 2 that it would announce widespread tariffs on multiple countries at multiple interest rates.
The government later adjusted its initial proposal and announced on April 9 that it would impose a 145% tariff on Chinese goods immediately, while reducing the mutual tariffs of other countries to a benchmark of 10% for 90 days. China's response is to raise tariffs on U.S. goods to 125%.
Trump also has some knowledge about trade talks with China, given Treasury Secretary Scott Bessent plans to hold trade talks with China on Saturday.
"Scott is going to go to Switzerland and meet with China," Trump told reporters at the White House on Thursday. "And you know, they really want to make a deal. We can all play games. Who made the first call, who didn't? It doesn't matter. Just what happened in that room. But I'll tell you that China really wants to make a deal. We'll see how it works."
Here's what happened this week:
Trump also doubled his interest in expanding the United States during a Tuesday visit with Canadian Prime Minister Mark Carney.
Trump often says he wants Canada to become a U.S. state and discusses the acquisition of Greenland and Panama Canals for security purposes. However, the Canadian issue is not accepted for negotiation.
"In the past few months, meeting with Canadian owners on the campaign, it's not for sale," Carney said at the White House on Tuesday. "It's never for sale, but the opportunity is something in partnership, something we can build together. We've done that in the past, and as the President just said, part of it is in our security, and my administration is committed to changing investments in Canadian security and partnerships."
Carney says Canada won't sell, Trump answers "Never say forever"
President Donald Trump meets Canadian Prime Minister Mark Carney at the Oval Office of the White House in Washington on May 6, 2025. (Jim Watson/AFP)
Trump acknowledged Canada is stepping up investment in military security, but said, “never say it” in response to Canada becoming another state.
"I have many, many things that cannot be feasible, and ultimately it's feasible," Trump said.
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Trump also met Russian-American ballerina Ksenia Karelina at the White House on Monday. Karelina faces a 12-year verdict for treason in 2024, but the Trump administration negotiates her return to the United States during a US Russian prisoner drop in April.
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Sebastian Gorka, the senior director of Counter-terrorism, took photos of American Russian ballet dancer Ksenia Karelina and her boyfriend, South African boxer Chris Van Heerden at Andrews, the joint base of Andrews, in Maryland, after Karelina was released from Russia on April 10, 2025. (Roberto Schmidt/AFP via Getty Images)
After returning to the United States on April 11, Carrelina said in a video posted by Trump’s deputy assistant Sebastian Gorka: “Mr. Trump, I am so thankful for bringing me home and the U.S. government. I never felt lucky and I was very happy to be home.
Karelina, a resident of Los Angeles, was arrested in 2024 on a trip to his family in Jekatlinburg, Russia. The Russian Federal Security Agency arrested her after checking her cell phone and donating money to a Ukraine-backed American charity.
Emma Colton of Fox News contributed to the report.