The US expects to conclude a trade deal with the UK within three weeks.

The administration of US President Donald Trump expects to conclude a trade deal with the UK within three weeks. This was reported on Wednesday, April 16, by The Daily Telegraph (DT) newspaper, citing a White House official.

"London is in a good position for a quick deal, although the UK is likely to be in the second wave of announcements, following Japan, India and South Korea, with whom Donald Trump wants to reach agreements to isolate China," the publication says.

According to the newspaper, this was preceded by the prediction of US Vice President Jay Dee Vance that Trump would agree to an "excellent" trade agreement with the UK due to "cultural proximity."

According to the source, in this regard, the deal is expected to be concluded in the "near future."

"Two weeks. Or maybe three," the source said.

Market conventions: China and the EU may join forces in a trade war against the United States

The share of their total GDP in the global economy will reach a third in the coming years, but it is unlikely that the countries will remove all barriers.

British Prime Minister Keir Starmer said on April 5 that he was ready to intervene to help protect the country's business from the consequences of President Trump's new tariff policy. He noted that he would do "everything necessary" to protect national interests.

On April 2, the American leader announced large-scale trade measures: base tariffs of 10% are introduced for all products supplied to the United States. For the European Union, this figure has been increased to 20%.