The U.S. has a $12 billion trade surplus with the United Kingdom, meaning it already exports more than it imports. Meanwhile, the baseline 10% tariff Trump announced April 2 will remain in effect for most U.K. imports, which could lead to higher prices for consumers.

Bank of England Governor Andrew Bailey said the trade deal concluded between the United States and Britain was a good thing but still left tariffs on most British goods exports to the U.S. higher than they were before last month.

China criticized the trade agreement reached between the U.S. and the U.K. last week as it could potentially push Chinese products out of British supply chains.

President Donald Trump struck a trade deal with the United Kingdom Thursday that he says will benefit “super luxury” cars and open the door to billions of dollars' worth of increased market ...

Australia's conservative Liberal Party elected Sussan Ley, a former outback pilot with three finance degrees, as its first woman leader on Tuesday, after an election loss partly due to comparisons with U.S. President Donald Trump's policies.

United States President Donald Trump announced the framework of a trade deal between the US and the United Kingdom, which re-sets US tariffs on most UK goods at 10 percent, on Thursday.

The UK's "first-of-its-kind" deal with the US includes reduced tariffs for key industries such as British steel, but American economist Joseph Stiglitz has told Sky News why he "wouldn't see it as an achievement".