Trump proposed to lower tariffs on Chinese imports to 80% from 145% on eve of negotiations with the country's third-largest trading partner.

Economic analyst Peter Schiff wrote on X: "Investors are excited about Trump's trade deal with the U.K., our first victory in the trade war. The effective tariff rate on U.S. goods entering the U.K. is 0.5 percent. So, from the American perspective, what we stand to win from the deal is relief from Trump's tariffs on U.K. imports."

Donald Trump prepares to unveil a trade deal with the UK on Thursday amid ongoing talks with the British government about his film tariff bombshell.

"Republicans should probably not do it, but I’m OK if they do!!!" Trump wrote in a post on his social media platform.

President Donald Trump appeared to concede Friday that Republican lawmakers could face political fallout if they heeded his call to raise taxes on the rich to help pay for his agenda. Trump warned in a social media post that Democrats “would go around screaming,