Bitcoin (BTC) and Overall Crypto Market Cap Jump as US President Donald Trump Rolls Out Post-Tariffs UK Trade Deal
US President Donald Trump just announced the first trade deal between the US and the United Kingdom since he imposed higher tariffs on imports in April that shook global markets.
In a post on the social media platform Truth Social, Trump says the deal will raise $6 billion in external revenue from 10% tariffs.
The president says the agreement will also open $5 billion in export opportunities for U.S. farmers, ranchers, and producers and bolster national security for both the US and the U.K. by creating an aluminum and steel trading zone and a pharmaceutical supply chain.
“Today is an incredible day for America as we deliver our first Fair, Open, and Reciprocal Trade Deal — Something our past Presidents never cared about….
