Key details are still pending finalization. The market's response to the US-UK trade agreement has been tepid.
According to the Situmor financial APP, on May 8, US President Trump announced at the White House that the United States has reached a new trade agreement with the United Kingdom, partially withdrawing specific tariffs in certain areas to further expand market access for both sides' products. However, many details of the agreement are still to be finalized, and the so-called "equivalent tariffs" of 10% imposed by the US side have not been canceled. Trump stated that the final details of the agreement will be finalized in the coming weeks.
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