Inside Trade

May 23, 2025

USTR releases ‘general terms’ of U.S.-UK trade deal, with talks to begin ‘immediately’ 

By Dan Dupont  / May 8, 2025 at 9:39 PM
The U.S. and the United Kingdom on Thursday agreed only to non-binding “general terms” for a future trade deal and said they were “immediately beginning negotiations” to develop and formalize them, according to a document on the accord released by the Office of the U.S. Trade Representative. President Trump and UK Prime Minister Keir Starmer touted the deal as historic and sweeping at a May 8 press conference, with both sides saying they were committed to opening up market access...

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