#us-uk-trade

#us-uk-trade

"This Tech Prosperity Deal marks a generational step change in our relationship with the US, shaping the futures of millions of people on both sides of the Atlantic," he said in a statement. "By teaming-up with world-class companies from both the UK and US, we're laying the foundations for a future where together we are world leaders in the technology of tomorrow, creating highly skilled jobs, putting more money in people's pockets and ensuring this partnership benefits every corner of the United Kingdom."

US President Donald Trump stated that the chances of reaching a trade deal with the EU are currently at a precarious 50-50, with obligations to reduce EU tariffs.

The UK's Digital Services Tax (DST) remains unchanged as part of the US-UK trade deal, focusing on tariffs on steel and aluminum.

The markets are breathing a sigh of relief on positive trade developments, including a comprehensive trade agreement that slashes U.K. tariffs, boosting stock gains.