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* World

# Trump Hails U.S.-U.K. Trade Agreement as ‘Full and Comprehensive’

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<!-- video src="https://cdn.jwplayer.com/manifests/poU0KRiH.m3u8" -->
## Video: Trump Hails U.S.-U.K. Trade Agreement as ‘Full and Comprehensive’

[Watch (HLS stream): Trump Hails U.S.-U.K. Trade Agreement as ‘Full and Comprehensive’](https://cdn.jwplayer.com/manifests/poU0KRiH.m3u8) (3:25)

![Trump Hails U.S.-U.K. Trade Agreement as ‘Full and Comprehensive’](https://cdn.jwplayer.com/v2/media/poU0KRiH/poster.jpg?width=720)

_Published 2025-05-08. The United States and the United Kingdom unveiled the broad outlines of a trade agreement Thursday, the first sign of a deal since President Donald Trump imposed across-the-board global tariffs in early April._


---

May 8, 2025 7:20 PM UTC

---

## More From This Series

[All Videos](https://time.com/video/)

[Treasury Secretary Steven Mnuchin: "Real Agreement" in the Works Between the U.S. and China on Trade](/video/GhFERXZI/)

### Treasury Secretary Steven Mnuchin: "Real Agreement" in the Works Between the U.S. and China on Trade

[Watch: Landmark Trade Agreement Announced](/video/Ta6GcxhA/)

### Watch: Landmark Trade Agreement Announced

[Obama Pushes for Tariff-Busting Trade Agreement in China](/video/FPmgBB5v/)

### Obama Pushes for Tariff-Busting Trade Agreement in China

---


## Transcript

Today's agreement with the UK is the first in a series of agreements on trade that my administration has been negotiating over the past four weeks. With this deal, the UK joins the United States in affirming that reciprocity and fairness is an essential and vital principle of international trade. The deal includes billions of dollars of increased market access for American exports, especially in agriculture, dramatically increasing access for American beef, ethanol, and virtually all of the products produced by our great farmers. And our secretary, as you know, of agriculture is here. Brooke, thank you very much for being here.

Thank you, sir. You'll let the farmers know. In addition, the UK will reduce or eliminate numerous non-tariff barriers that unfairly discriminated against American products. But this is now turning out, I think, really to be a great deal for both countries because it will be really great for the UK also. So they're opening up the country. Their country is a little closed and we appreciate that. They'll also be fast tracking American goods through their customs process. So our exports go to a very, very quick form of approval and there won't be any red tape. Things are going to move very quickly both ways.

The final details are being written up in the coming weeks. We'll have it all very conclusive, but the actual deal is a very conclusive one. We think just about everything has been approved. So good for both countries. Really important deal. This is going to boost trade between and across our countries. It's going to not only protect jobs but create jobs opening market access. And as you say, Donald, the timing couldn't be more apt because not only was it 80 years ago today, um, that, um, victory, uh, came for Europe after and at the end of the Second World War. But of course, on that day, the UK and the US stood together as the closest of allies.

And Donald, I think, um, it's down to the hour because, you may or may not know that it was about this time of day, exactly 80 years ago, that Winston Churchill announced victory in Europe. And that led to great celebrations across Europe, across America, but particularly in the United Kingdom. Literally people going out into the street, putting bunting up and going up to the palace. And so to be able to announce this great deal on the same day, 80 years forward, almost at the same hour. Um, and as we were 80 years ago with the UK and the US standing side by side, I think is incredibly important and makes this truly historic.

That close relationship has endured over those 80 years. Um, as you know, Donald, when it comes to defence and security and intelligence sharing, of course there are no two countries that are closer than our two countries. And now we take this into new and important territory by adding trade and the economy to the closeness of our relationship.

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