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U.S., UK to announce trade pact, Trump’s 1st deal since tariffs began – National TenX News

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The United States and Britain are expected to announce a trade deal on Thursday that will lower the burden of President Donald Trump’s sweeping tariffs and deliver a political victory for U.K. Prime Minister Keir Starmer.

Trump posted on his Truth Social platform that a deal due to be announced at 10 a.m. EDT (1400 GMT) will be a “full and comprehensive one that will cement the relationship between the United States and the United Kingdom for many years to come.”

It’s the first bilateral trade deal announced since Trump began slapping tariffs on U.S. trading partners. He said: “Many other deals, which are in serious stages of negotiation, to follow!”

Starmer’s office said the prime minister would give an “update” about U.S. trade talks later Thursday.

“As you know, talks with the U.S. have been ongoing and you’ll hear more from me about that later today.” Starmer said at a defense conference in London.

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The agreement is likely to fall short of a full free trade deal, but will provide tariff relief to certain sectors.


Click to play video: 'Trump says US being ‘looted’ by other nations is justification for new ‘reciprocal’ tariffs'


Trump says US being ‘looted’ by other nations is justification for new ‘reciprocal’ tariffs


The president has imposed a 10 per cent tax on imports from Britain, as well as 25 per cent tariffs on autos, steel and aluminum on the premise that doing so would foster more factory jobs domestically.

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A major goal of British negotiators has been to reduce or lift the import tax on U.K. cars and steel. The U.S. is the largest destination for British cars, accounting for more than a quarter of U.K. auto exports in 2024, according to the Office for National Statistics.

Britain has also sought tariff exemptions for pharmaceuticals, while the U.S. wants greater access to the British market for agriculture products. Starmer’s government has said it won’t lower U.K. food standards to allow in chlorine-rinsed American chicken or hormone-treated beef.

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The British government will see a deal it as a vindication of Starmer’s emollient approach to Trump, which has avoided direct confrontation or criticism. Unlike the European Union, Britain did not announce retaliatory tariffs on U.S. goods in response to Trump’s import taxes.

A trade deal with the United Kingdom would be symbolically important, and a relief for British exporters. But an agreement would do little to address Trump’s core concern about persistent trade deficits that prompted him to impose import taxes on countries around the world.

The U.S. ran a $11.9 billion trade surplus in goods with the U.K. last year, according to the Census Bureau. The $68 billion in goods that the U.S. imported from the U.K. last year accounted for just two per cent of all goods imported into the country.


Click to play video: 'Impact of US reciprocal tariffs'


Impact of US reciprocal tariffs


The U.S. is much more important to the U.K. economy. It was Britain’s biggest trading partner last year, according to government statistics, though the bulk of Britain’s exports to the U.S. are services rather than goods.

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Trump has shown a desire to strike a trade agreement with the U.K. since it voted in 2016 to leave the European Union. Yet as recently as Tuesday, Trump showed no awareness of the possible terms of the deal when asked about its possibility.

“They’re offering us concessions?” Trump told reporters. “I hope so… They do want to make a deal very badly.”

Trump has previously said that his leverage in talks would be U.S. consumers, but he appeared to suggest that the U.K. would also start buying more American-made goods.

“I think that the United Kingdom, like every other country, they want to … go shopping in the United States of America,” he said.

A trade deal with the U.S. is one of several that Starmer’s government is seeking to strike. On Tuesday, Britain and India announced a trade after three years of negotiations. The U.K. is also trying to lift some of the barriers to trade with the EU imposed when Britain left the bloc in 2020.

–Jill Lawless reported from London. Josh Boak contributed to this report from Washington.


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Carney agrees ‘in principle’ to Trump’s Gaza peace board – National TenX News

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Prime Minister Mark Carney told reporters Sunday he has agreed in principle to join U.S. President Donald Trump’s controversial “Board of Peace,” meant to support the reconstruction of Gaza.

Carney told reporters in Doha that Trump asked him about joining this board “a few weeks ago.”

“There is a humanitarian tragedy in Gaza that is ongoing and Canada will make every effort possible to address this situation,“ he said at a news conference at an Islamic Art museum in the capital of the Gulf country.

He said the president put the question to him a few weeks ago and he said yes and that he and Canada will do everything it can to bring peace to the region.

Carney said there is still not unimpeded humanitarian aid flowing into help the people of Gaza and that is a “precondition for moving forward.”

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Carney to accept role on Trump’s Gaza peace board


The prime minister said details still need to be worked out on how exactly the board and the financing will work.

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The Board of Peace is part of the Trump-brokered peace plan that saw a ceasefire take hold between Israel and Hamas in Gaza.

The creation of new organization has raised concerns that it could deal a blow to the United Nations system of international cooperation that Trump has long argued is ineffective and dysfunctional, and place Trump in control of how the money is distributed.

The text of the charter, published by various international media outlets, states there is a “need for a more nimble and effective international peace-building body” than the UN.

The board will be chaired by Trump himself, and its executive makeup includes Secretary of State Marco Rubio, Trump’s Middle East special envoy Steve Witkoff, Trump’s son-in-law Jared Kushner, and former U.K. prime minister Tony Blair.

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Earlier in the month Trump withdrew from dozens of international organizations, many of which are related to the UN.

Carney said working through the peace board is “consistent” with Canadian goals to ensure “unimpeded” humanitarian aid can enter the territory and work toward a two-state solution.

“We will explore every avenue in order to do that,” he said.


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Qatar to invest in Canada’s major building projects, Carney says – National TenX News

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Prime Minister Mark Carney says Qatar has committed to “significant” investments for Canada’s major building projects, calling it a “new chapter” in bilateral relations.

Carney made the announcement Sunday following his meeting with Sheikh Tamim bin Hamad Al Thani, the Emir of Qatar.

The new measures will include the finalization of the Investment Promotion and Protection Agreement with Qatar, a deal that has seen years of stalled negotiations, Carney said.

“We are raising our relationship and our level of alignment by making friends with strategic partners,” Carney said. “To launch this new chapter in our relationship, I’m pleased to announce that Qatar has committed to make significant strategic investments in Canada’s nation-building projects.

“This capital will help the projects get built faster and supercharge our energy industries, while helping to create thousands of high-paying careers for Canadians.”

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He also said the new agreement will help Canadian businesses to “more easily” expand operations in Qatar as well as attract investment from the country.

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According to a readout from the Prime Minister’s Office, air services between Canada and Qatar will also be expanded and a defence attache from Canada will be posted in the country.


Click to play video: 'Carney’s new Canada-China trade deals brings mixed reactions'


Carney’s new Canada-China trade deals brings mixed reactions


According to the PMO, the two countries have agreed to launch negotiations on a new framework focused on military, security and defence matters, and expand investment opportunities on areas such as AI.

The PMO said the two leaders agreed to stay in touch and Carney noted Sunday he had invited the Emir to visit Canada later this year and attend the World Cup match between their two countries with him.

The plans with Qatar are Carney’s latest in a slew of agreements and travel to other countries to discuss trade deals since his election last year.

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Asked about his ongoing efforts to meet with countries interested in trade, Carney told reporters that multilateral relationships are “being eroded.”

“The consequence of that is there is a reduction in freer trade, much more trade is tariff-based or otherwise restricted and there is virtually no, with all due respect to those who are trying, virtually no multilateral progress,” Carney said.

“Where there is progress, and where Canada and like-minded countries are looking to make progress, is through pluriality deals… which is multiple countries but not all countries.”

On Friday, Canada announced that 49,000 Chinese-made electric vehicles (EVs) would soon be imported each year with a lowered 6.1 per cent tariff after Carney struck a deal with Chinese President Xi Jinping.

Carney added on Sunday that Xi showed interest in expanding China’s trade relations with other countries, and that’s why Canada is establishing trade deals with other countries, such as Qatar.

“In this more uncertain and dangerous world, we’ve chosen to create greater stability, security and prosperity together,” Carney said.


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“Unacceptable’: Allies react to Trump Greenland tariff threats – National TenX News

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World leaders are raising alarm after U.S. President Donald Trump threatened to impose sweeping tariffs on European allies in an effort to pressure Denmark into negotiations over Greenland.

The move is sparking protests across the Arctic and sharp rebukes from Europe and Canada.

On Saturday, thousands of people marched through snow and ice in Greenland’s capital, Nuuk, chanting “Greenland is not for sale,” waving national flags.

Police described the demonstration as the largest they have ever seen in the city.

About 825 kilometres away, dozens of people rallied in Iqaluit, Nunavut, in a show of solidarity with Greenlanders.

“Greenland is owned by the Greenlandic people,” protesters chanted in Inuktut as they marched for an hour in freezing, windy conditions.

The protests came as Trump announced he would impose a 10 per cent import tax starting next month on goods from eight European countries.

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These nations include Denmark, Norway, Sweden, France, Germany, the United Kingdom, the Netherlands and Finland, because of their opposition to U.S. control of Greenland.

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The tariff would rise to 25 per cent on June 1 if no deal was reached for what Trump called the “Complete and Total purchase of Greenland.”

The president suggested the tariffs were leveraged to force talks over Greenland, a semi-autonomous territory of NATO ally Denmark that Trump says is vital to U.S. national security.

French President Emmanuel Macron said France stands firmly behind Greenland’s sovereignty and rejected the use of trade threats.


“Tariff threats are unacceptable and have no place in this context,” Macron wrote on social media, adding that Europeans would respond “in a united and coordinated manner” if the measures are confirmed.

British Prime Minister Keir Starmer said Greenland’s future is for Greenlanders and Denmark to decide.

“Applying tariffs on allies for pursuing the collective security of NATO allies is completely wrong,” Starmer said, adding the issue would be raised directly with the U.S. administration.

Bob Rae, former Canadian ambassador to the United Nations, also chimed in on Trump’s announcement.

The tariff threat could mark a significant rupture between the U.S. and its NATO allies.

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Greenland already hosts the U.S.-run Pituffik Space Base under a 1951 defence agreement with Denmark, supporting missile warning, missile defence and space surveillance for the U.S. and NATO.

“There is no sign of the Trump war of aggression against Greenland and Denmark letting up. It is not about ‘security’ any more than Venezuela was about ‘narco-terrorism.’ They are both about seizing control and plunder.”

He further added, “No country, including my own, Canada, is safe or secure.”

The tariff threat could mark a significant rupture between the U.S. and its NATO allies.

Trump is expected to face questions about the proposed tariffs and Greenland later this week.

He is scheduled to attend the World Economic Forum in Davos, alongside several European leaders he has threatened with tariffs.

— With files from The Canadian Press 

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