Washington - The United States and Britain are expected to announce a trade deal on Thursday that would reduce the burden on President Trump's massive tariffs and potentially bring political victory to Prime Minister Keir Starmer.

Mr. Trump said Wednesday he would announce a "major trade agreement" with a "big and respected country" that he did not confirm.

On Thursday morning, the president released the truth socialization, “It should be a very large and exciting day for the United States of America and the United Kingdom.”

"The agreement with the UK is a complete and comprehensive agreement that will strengthen the relationship between the US and the UK for many years to come." "It is a great honor to be able to make the UK our first announcement due to our long history and loyalty. Many other deals are in the serious negotiation stage!"

Starmer's office said the prime minister will "update" on U.S. trade talks later that day.

"As you know, talks with the United States have been going on, and you will hear more about me later today," Starmer said at a defense conference in London.

Mr. Trump imposed a 10% tax on imports from the UK, and a 25% tariff on cars, steel and aluminum, which would raise more factory jobs at home.

A major goal of British negotiators is to reduce or increase import taxes on British cars and steel. According to the National Office for Statistics, the United States is the largest destination for British cars, accounting for more than a quarter of UK car exports in 2024.

The UK is also seeking tariff exemptions on medicines, while the US wants to enter more of the UK agricultural products. Starmer's government said that the use of chlorine-containing American chicken or hormone-treated beef will not lower the UK food standards.

If an agreement is announced, the UK government will consider it to be a testament to Mr. Trump’s emollient approach, which avoids direct confrontation or criticism. Unlike the EU, Britain has not announced retaliation against Mr. Trump’s import tax on U.S. goods.

A trade agreement with the UK is symbolically important, which is a relief for British exporters. But the deal didn't help Mr. Trump's core focus on the ongoing trade deficit, prompting him to impose import taxes on countries around the world.

According to the Census Bureau, the U.S. made $11.9 billion in transactions with the UK's commodity surplus last year. The US$68 billion in goods imported from the UK last year only accounted for 2% of all goods imported into the country.

The United States is more important to the British economy. According to government statistics, it was the UK's largest trading partner last year, although most of its exports to the United States were services rather than goods.

Since the 2016 vote, Mr. Trump has shown a desire to reach a trade agreement with the UK. However, Mr. Trump showed no awareness of the possible terms of the deal until Tuesday when asked about the possibility.

"Do they provide concessions for us?" Mr. Trump told reporters. "I hope so. … They do want to make a very bad deal."

Mr Trump had previously said his leverage in the negotiations would be for American consumers, but he seemed to suggest that Britain would also start buying more American-made goods.

"I think Britain, like other countries, wants to... go shopping in the United States of America," he said.

Trade agreements with the United States are several things the Starmer administration is seeking to achieve. On Tuesday, Britain and India announced a deal after three years of negotiations. The UK is also trying to remove some obstacles to trade with the EU when Britain leaves the group in 2020.