The US president is expected to announce a trade agreement between the United States and on Thursday, according to a New York Times report on Wednesday, which cited three people who know the plans.
Trump told Truth Social earlier that he will give a press conference to the Oval Office at 10am. (Local East Coast Time – 17:00 Greece Time) on Thursday on a “major trade agreement with representatives of a large and especially respected country”, using capital letters.
He did not give further details, but he said that this would be the “first of many” such agreements.
A White House spokesman refused to comment on this publication.
A British official said on Tuesday that the two countries have made significant progress in terms of a trade agreement, which will probably include lower duties for steel and cars.
Set of meetings
Trump’s leading partners have held a series of meetings with commercial partners following the President’s decision on April 2 to impose 10% duties on most countries, as well as higher “payroll” duties for many commercial partners – although these duties were suspended for 90 days.
Britain was not among the countries where additional duties were imposed, as it imports more from the US than it exports to them.
Trump has also imposed 25% duties on cars, steel and aluminum, 25% on Canada and Mexico and 145% in China.
On Tuesday, Trump said he and top executives of his government will consider possible trade agreements within the next two weeks to decide which will go ahead.
Last week he had stated that there were “potential” trade agreements with India, South Korea and Japan.
