Trump expected to announce major US-UK trade deal today

US President Donald Trump is expected to announce a major trade deal with the United Kingdom, marking his administration's first significant trade pact since imposing sweeping tariffs on numerous countries. The agreement, which comes amid broader efforts to negotiate with other nations like India and Japan, is anticipated to offer some relief from US tariffs on UK car and steel exports, while the UK may make concessions on digital sales taxes and certain US goods. While exact details remain undisclosed, experts suggest the deal might serve as a framework for more comprehensive negotiations in the future. The announcement follows a period of economic uncertainty caused by tariff threats and is intended to ease transatlantic tensions as the UK prepares for upcoming talks with the EU. Both US and UK officials have declined to comment prior to the official announcement, while market reactions have already been observed with a rise in the British pound. Despite optimism, there is skepticism about how transformative the initial agreement will be for trade barriers.