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Britain set to become the first country to sign a trade deal with U.S., The New York Times reports
New York TimesNew York Times(US:NYT) CNBCยท2025-05-08 03:38

Group 1 - Britain is set to sign a trade deal with the U.S., becoming the first country to do so after the U.S. announced reciprocal tariffs [1][2] - The U.S. President indicated a briefing about the trade deal would occur, but details remain undisclosed [2] - Britain has a trade deficit with the U.S. and was initially spared higher tariffs, facing a baseline 10% levy instead [3] Group 2 - U.S. Vice President JD Vance expressed optimism about the likelihood of a favorable trade deal for both countries [3] - President Trump contradicted White House officials by stating that the U.S. does not need to sign deals, emphasizing that other countries need access to the U.S. market [4]