Trump is set to hold a news conference at 10:00 in Washington DC
Downing Street says Prime Minister Sir Keir Starmer will make an announcement about a deal with the US on tariffs later today.<\/b>
"The Prime Minister will always act in Britain's national interest – for workers, for business, for families," a No10 spokesperson said.
The UK government has been seeking an agreement to lower tariffs since President Donald Trump imposed them on almost every country in the world last month.
President Trump appeared to allude to the agreement when he posted on social media on Wednesday night, saying he would announced a "major trade deal" with a a "highly respected country".<\/p>\n
On 2 April, Trump announced steep tariffs on dozens of trading partners, before announcing a 90-day pause on the levies.
Governments from around the world have been scrambling to strike deals with Washington before the new deadline passes.
The US has left a 10% global tariff in place, which included the UK, though the long-time ally of America was not subject to the administration's higher "reciprocal" tariffs.
The UK is also subject to a 25% US import tax on steel, aluminium and cars.
Washington is close to agreeing trade deals with India and Israel, according to reports.
The administration is also continuing talks with several other countries including Japan, South Korea and Vietnam.
Trump has said he wants nations to strike new deals with the US as he tries to radically reshape the global trading system.
What tariffs has Trump announced and why?<\/span>
What impact might Trump's Hollywood tariffs plan have?<\/span>
Faisal Islam: Trump tariffs may have helped drive UK-India trade deal<\/span>
This week the US and China announced that their top trade officials will start talks<\/a> to try to de-escalate a dispute between the world's two biggest economies.
Chinese Vice Premier He Lifeng will attend the talks in Switzerland from 9 to 12 May, China's Ministry of Foreign Affairs said.
US Treasury Secretary Scott Bessent and US Trade Representative (USTR) Jamieson Greer will represent Washington at the meeting, their offices announced.
Since returning to the White House, Trump has imposed new import taxes on Chinese goods of up to 145%. Beijing has hit back with levies on some goods from the US of 125%.
It will be the first high-level interaction between the two countries since Chinese Vice-President Han Zheng attended Trump's inauguration in January.
But global trade experts have told the BBC that they expect negotiations to take several months.
Seperately, the UK and India agreed to a trade deal earlier this week which will make it easier for UK firms to export whisky, cars and other products to India, and cut taxes on India's clothing and footwear exports.
US and UK to announce deal to reduce tariffs today<\/span>
Trump deal is a significant achievement for Starmer<\/span>
India and Pakistan consider next moves after deadly military exchanges<\/span>
Explore Sir David Attenborough\u2019s life and work on his 99th birthday<\/span>
From rationing to rejoicing: Three women\u2019s bittersweet memories of VE Day<\/span>
Pope Francis backed him when he took on a president. Now he's voting in the conclave <\/span>
'Never forget' and Pakistan 'vows to strike back'<\/span>
'This will be the work of years': The medics identifying remains from Syria's mass graves<\/span>
Five takeaways from Biden's BBC interview<\/span>
What is the infected blood scandal?<\/span>
'Unforgettable day': The wedding with almost 100 bridesmaids<\/span>
US Politics Unspun: Cut through the noise with Anthony's Zurcher's newsletter – sign up<\/span>
Go behind the UK's busiest motorway
Ross Kemp, actor and presenter, uncovers his family history
Toby Jones presents must-see Dad's Army moments
The true story of a king who tried to overcome his stutter
Man charged with murder after stabbing at bank<\/span>
Trump deal is a significant achievement for Starmer<\/span>
Interest rates expected to be cut by Bank of England<\/span>
'Never forget' and Pakistan 'vows to strike back'<\/span>
Nine arrested over 'Hitler birthday party' in pub<\/span>
Sotheby's halts Buddha jewels auction after India threat<\/span>
WeightWatchers files for bankruptcy as fat-loss jabs boom<\/span>
'Unforgettable day': The wedding with almost 100 bridesmaids<\/span>
Cause of Heathrow shutdown fire unknown, report says<\/span>
Israeli embassy in London was target of suspected terror plot <\/span>
Copyright \u00a9 2025 BBC. The BBC is not responsible for the content of external sites. Read about our approach to external linking.<\/a><\/p>\n