NYT named Britain the first country for Trump's tariff deal

American leader Donald Trump on Thursday, May 8, may announce the conclusion of a trade deal between the United States and Great Britain. This was reported on May 7 by The New York Times, citing sources.

"President Trump is expected to announce on Thursday that the United States will conclude a trade agreement with the United Kingdom," the newspaper said.

It is specified that this agreement will be the first publicly concluded for the United States since the introduction of duties.

The Lessons of the Depression: Will the Tariff War lead to an economic Catastrophe

The experience of 90 years ago suggests disappointing forecasts

On May 7, Trump announced a press conference on Thursday, May 8, during which he will present details of trade deals. The Financial Times newspaper learned on May 6 that the United Kingdom and the United States are nearing a trade agreement to reduce tariff quotas on steel and automobile exports from the United Kingdom. The publication clarified that the signing is expected within a week.