U.S. Vice President Vance: The U.S. and the U.K. are very likely to reach a "great agreement" on trade
ChainCatcher news, according to Jin Shi reports, U.S. Vice President Vance stated that due to President Trump's love for the UK and the royal family, it is very likely that the U.S. and the UK will reach a "great agreement" on trade.In Trump's initial tariff announcement, the UK was not subjected to the harshest penalties, as the trade relationship between the two sides was relatively balanced. Nevertheless, imports from the UK to the U.S. are now subject to a 10% tariff, while the UK's steel and automotive industries face a 25% tariff. Officials from both countries have been negotiating for weeks, initially focusing on strengthening cooperation in artificial intelligence and technology, but it may also expand to food and other goods.Vance said that the U.S. government is working very hard with Prime Minister Starmer's government in the UK. "The President really loves the UK," he said. "He loves the Queen. He admires and loves the King. This is a very important relationship. He is a businessman with many important business ties in the UK." When discussing the cultural affinity between the U.S. and the UK, Vance said, "I think we are very likely to reach a great agreement that serves the best interests of both countries."