BTCC
/
BTCC Square
/
Global Cryptocurrency
/
Trump’s Trade Deal with UK Leaves Global Supply Chains Frozen, Wall Street Celebrates
Trump’s Trade Deal with UK Leaves Global Supply Chains Frozen, Wall Street Celebrates
20
3
The recent trade agreement between the TRUMP administration and the UK has done little to alleviate the 10% tariffs imposed earlier this year. While Wall Street and the White House are touting it as a victory, the deal primarily offers limited concessions for luxury cars and airplane parts, leaving broader global supply chains in limbo.
During a hastily arranged Oval Office press event, UK Prime Minister Keir Starmer joined via speakerphone in what was described as a last-minute intervention. The British side hailed the arrangement as historic, but the lack of substantive changes raises questions about its long-term impact on international trade dynamics.
By:
Previous
U.S.-China Trade Tensions Persist as Tariff Talks Loom
Next
Senate Stablecoin Bill: What’s Next for the GENIUS Act?
