U.S. President Donald Trump signaled the U.K. could escape tariffs amid ongoing negotiations sweetened by British Prime Minister Keir Starmer's visit to the White House. The Washington leader stressed that he was "very receptive" to the overtures of Starmer and noted that the two countries could arrive at "a deal that could be terrific.

The US-UK trade deal warmly suggested by President Donald Trump should help insulate the UK from the direct impact of global trade tensions. It signals that the White House has accepted the statistical logic that the US and UK have a balanced trade position.

President Donald Trump said 25% tariffs against Mexican and Canadian imports would go live as scheduled next week, potentially undermining a trade deal he once heralded as the “best agreement we’ve ever made.