India, May 8 -- The United States and the UK are expected to announce a deal to reduce tariffs on each other's goods on Thursday, media reports said.
"Big news conference tomorrow morning at 10:00am, the Oval Office, concerning a MAJOR TRADE DEAL WITH REPRESENTATIVES OF A BIG, AND HIGHLY RESPECTED, COUNTRY. THE FIRST OF MANY!!!" President Donald Trump teased in a brief statement posted on Truth Social platform late Wednesday.
While Trump did not disclose the country or the terms of the agreement that Washington is going to sign with, BBC reported that the trade partner is the UK.
The deal could see reduced tariffs for importing cars to the U.S. and UK, and a cut in the digital sales tax on US firms, it says.
Reuters quoted a British off...