Trump tariffs live updates: Trump unveils 'breakthrough' US-UK trade deal, first since 'Liberation Day'

President Trump on Thursday announced a trade deal with the UK, the first for his administration since imposing — then pausing — sweeping "reciprocal" tariffs against all trading partners in early April.

 Trump said the "breakthrough" US-UK trade agreement — which he called "a great deal for both countries" — would boost US export markets for agricultural products, including beef and ethanol.

"The deal includes billions of dollars of increased market access for American exports, especially in agriculture, dramatically increasing access for American beef, ethanol and virtually all of the products produced by our great farmers," he said in the Oval Office. 

UK Prime Minister Keir Starmer, who joined Trump by phone, said it was a "fantastic, historic day."

Full story at Yahoo News.