Summary
- President Trump stated that the trade agreement with the UK will solidify the relationship between the two countries.
- He added that additional trade agreements with other major allies will follow.
- However, local media reported that this agreement might not be specific.
U.S. President Donald Trump announced that he will sign the first trade agreement with the UK following the announcement of global high tariffs.
On the 8th (local time), President Trump announced via Truth Social, the social networking service (SNS) he founded, "A press conference will be held at 10 a.m. Eastern Time in the Oval Office," adding, "It will be a very important and exciting day for the United States and the UK."
President Trump emphasized, "The comprehensive agreement with the UK will solidify the relationship between the two countries for years to come," and added, "It is an honor to announce that the UK is our 'first' partner due to our long history and alliance."
He further stated, "Many more serious negotiations are to follow."
This suggests that negotiations with major allies and friendly nations are heading towards a conclusion.
Meanwhile, local media predicted that the trade agreement with the UK might remain at a basic framework level for future negotiations and may not be specific.
Reporter Lee Bo-bae, Hankyung.com guest reporter newsinfo@hankyung.com
Korea Economic Daily
hankyung@bloomingbit.ioThe Korea Economic Daily Global is a digital media where latest news on Korean companies, industries, and financial markets.
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