SUBSCRIBE TO OUR FREE NEWSLETTER
Daily news & progressive opinion—funded by the people, not the corporations—delivered straight to your inbox.
5
#000000
#FFFFFF
To donate by check, phone, or other method, see our More Ways to Give page.
Daily news & progressive opinion—funded by the people, not the corporations—delivered straight to your inbox.
U.S. President Donald Trump, Vice President JD Vance, British Ambassador to the U.S. Peter Mandelson, and U.S. Trade Representative Jamieson Greer laugh in the Oval Office on May 8, 2025.
"At this point the goal of policy seems to be to goose the market for the next few days, with no long-term plan."
U.S. President Donald Trump on Thursday unveiled the framework of a trade deal with the United Kingdom that was extremely light on details despite being billed as a "full and comprehensive agreement," leading critics to describe the fanfare surrounding the announcement as a cynical photo op for both sides.
In a statement, U.K. Prime Minister Keir Starmer touted the deal as "historic" while acknowledging that it is incomplete. Trump insisted the deal is "maxed out," though he told reporters in the Oval Office that "the final details are being written up in the coming weeks."
U.S. Agriculture Secretary Brooke Rollins, meanwhile, described the agreement as one "in concept," drawing comparisons to Trump's widely derided statement on the campaign trail that he had a "concept of a plan" on healthcare.
Melinda St. Louis, Global Trade Watch director at Public Citizen, said Thursday that "Trump may have enjoyed having his ego stroked by Starmer and [U.S. Commerce Secretary Howard] Lutnick fawning over him for 'closing' a deal—one that is obviously not actually done—but his con on American workers continues."
"The American and British people need to see whatever text there is or is developed in ongoing talks—and no deal should be approved or go into effect without going through proper on-the-record public comment processes and congressional oversight," said St. Louis. "We need to know, for instance, when they claim to address 'non-tariff barriers,' just what giveaways for Big Tech may be inserted on behalf of Elon Musk and Trump's other tech-bro billionaire buddies, given that he waved around Big Tech's wish list when he announced the tariffs."
"With claims of dozens more 'deals' in progress," St. Louis added, "Congress must act swiftly to demand transparency and accountability in any trade deal before Trump and his team sell off our country for parts behind closed doors."
According to summaries released by the Trump White House and U.K. government, the bilateral trade framework would leave in place the 10% tariff rate that Trump has applied to all imports to the U.S. while providing targeted tariff relief for the British auto, steel, and aluminum industries.
The White House also said, without providing specific details, that the deal would "significantly expand U.S. market access in the U.K., creating a $5 billion opportunity for new exports for U.S. farmers, ranchers, and producers."
The U.K. is the first country to announce an agreement in principle with Trump since he unilaterally imposed tariffs on imports to the U.S. last month, invoking emergency authority. The U.S. ran a trade surplus with the U.K. last year, and experts questioned the extent to which the terms of the agreement broadly outlined Thursday would change the trade dynamic between the two countries.
"At this point the goal of policy seems to be to goose the market for the next few days, with no long-term plan," suggested economist Paul Krugman.
Around the world, stocks rose in response to the U.S.-U.K. announcement.
Nick Dearden, director of the U.K.-based advocacy group Global Justice Now, said that Thursday's events were primarily "about appeasing Trump"—but cautioned that worse could be coming in the near future.
"While there are limited tariff reductions, we remain in a much worse position than we were six months ago," Dearden argued. "What's more, Trump could impose new tariffs at any time because Starmer has proven to him that his threats work: caving in to a bully is not something to be celebrated. Today's press conference also fires the starting gun on a genuinely scary, fuller trade deal, and there are strong indications our rights, standards, and protections will be up for grabs in that larger agreement."
"Unless we stand up to this deal, the British public will pay a very high price for Starmer's friendship with Donald Trump," Dearden added.
In a blog post published ahead of Thursday's announcement, Dearden warned that the new framework could set the stage for a deal that locks the U.K. "into policies that favor the unchecked growth of tech monopolies: deregulated AI, increased corporate access to NHS data, and restrictions on our ability to rein in Silicon Valley giants."
"Worse may be coming unless we stop treating trade negotiations as a matter of royal prerogative," wrote Dearden. "We need a modern, democratic process for international agreements—transparent, accountable, and inclusive. But Starmer has shown that such reform won't be gifted by those in power. It must be demanded."
Trump and Musk are on an unconstitutional rampage, aiming for virtually every corner of the federal government. These two right-wing billionaires are targeting nurses, scientists, teachers, daycare providers, judges, veterans, air traffic controllers, and nuclear safety inspectors. No one is safe. The food stamps program, Social Security, Medicare, and Medicaid are next. It’s an unprecedented disaster and a five-alarm fire, but there will be a reckoning. The people did not vote for this. The American people do not want this dystopian hellscape that hides behind claims of “efficiency.” Still, in reality, it is all a giveaway to corporate interests and the libertarian dreams of far-right oligarchs like Musk. Common Dreams is playing a vital role by reporting day and night on this orgy of corruption and greed, as well as what everyday people can do to organize and fight back. As a people-powered nonprofit news outlet, we cover issues the corporate media never will, but we can only continue with our readers’ support. |
U.S. President Donald Trump on Thursday unveiled the framework of a trade deal with the United Kingdom that was extremely light on details despite being billed as a "full and comprehensive agreement," leading critics to describe the fanfare surrounding the announcement as a cynical photo op for both sides.
In a statement, U.K. Prime Minister Keir Starmer touted the deal as "historic" while acknowledging that it is incomplete. Trump insisted the deal is "maxed out," though he told reporters in the Oval Office that "the final details are being written up in the coming weeks."
U.S. Agriculture Secretary Brooke Rollins, meanwhile, described the agreement as one "in concept," drawing comparisons to Trump's widely derided statement on the campaign trail that he had a "concept of a plan" on healthcare.
Melinda St. Louis, Global Trade Watch director at Public Citizen, said Thursday that "Trump may have enjoyed having his ego stroked by Starmer and [U.S. Commerce Secretary Howard] Lutnick fawning over him for 'closing' a deal—one that is obviously not actually done—but his con on American workers continues."
"The American and British people need to see whatever text there is or is developed in ongoing talks—and no deal should be approved or go into effect without going through proper on-the-record public comment processes and congressional oversight," said St. Louis. "We need to know, for instance, when they claim to address 'non-tariff barriers,' just what giveaways for Big Tech may be inserted on behalf of Elon Musk and Trump's other tech-bro billionaire buddies, given that he waved around Big Tech's wish list when he announced the tariffs."
"With claims of dozens more 'deals' in progress," St. Louis added, "Congress must act swiftly to demand transparency and accountability in any trade deal before Trump and his team sell off our country for parts behind closed doors."
According to summaries released by the Trump White House and U.K. government, the bilateral trade framework would leave in place the 10% tariff rate that Trump has applied to all imports to the U.S. while providing targeted tariff relief for the British auto, steel, and aluminum industries.
The White House also said, without providing specific details, that the deal would "significantly expand U.S. market access in the U.K., creating a $5 billion opportunity for new exports for U.S. farmers, ranchers, and producers."
The U.K. is the first country to announce an agreement in principle with Trump since he unilaterally imposed tariffs on imports to the U.S. last month, invoking emergency authority. The U.S. ran a trade surplus with the U.K. last year, and experts questioned the extent to which the terms of the agreement broadly outlined Thursday would change the trade dynamic between the two countries.
"At this point the goal of policy seems to be to goose the market for the next few days, with no long-term plan," suggested economist Paul Krugman.
Around the world, stocks rose in response to the U.S.-U.K. announcement.
Nick Dearden, director of the U.K.-based advocacy group Global Justice Now, said that Thursday's events were primarily "about appeasing Trump"—but cautioned that worse could be coming in the near future.
"While there are limited tariff reductions, we remain in a much worse position than we were six months ago," Dearden argued. "What's more, Trump could impose new tariffs at any time because Starmer has proven to him that his threats work: caving in to a bully is not something to be celebrated. Today's press conference also fires the starting gun on a genuinely scary, fuller trade deal, and there are strong indications our rights, standards, and protections will be up for grabs in that larger agreement."
"Unless we stand up to this deal, the British public will pay a very high price for Starmer's friendship with Donald Trump," Dearden added.
In a blog post published ahead of Thursday's announcement, Dearden warned that the new framework could set the stage for a deal that locks the U.K. "into policies that favor the unchecked growth of tech monopolies: deregulated AI, increased corporate access to NHS data, and restrictions on our ability to rein in Silicon Valley giants."
"Worse may be coming unless we stop treating trade negotiations as a matter of royal prerogative," wrote Dearden. "We need a modern, democratic process for international agreements—transparent, accountable, and inclusive. But Starmer has shown that such reform won't be gifted by those in power. It must be demanded."
U.S. President Donald Trump on Thursday unveiled the framework of a trade deal with the United Kingdom that was extremely light on details despite being billed as a "full and comprehensive agreement," leading critics to describe the fanfare surrounding the announcement as a cynical photo op for both sides.
In a statement, U.K. Prime Minister Keir Starmer touted the deal as "historic" while acknowledging that it is incomplete. Trump insisted the deal is "maxed out," though he told reporters in the Oval Office that "the final details are being written up in the coming weeks."
U.S. Agriculture Secretary Brooke Rollins, meanwhile, described the agreement as one "in concept," drawing comparisons to Trump's widely derided statement on the campaign trail that he had a "concept of a plan" on healthcare.
Melinda St. Louis, Global Trade Watch director at Public Citizen, said Thursday that "Trump may have enjoyed having his ego stroked by Starmer and [U.S. Commerce Secretary Howard] Lutnick fawning over him for 'closing' a deal—one that is obviously not actually done—but his con on American workers continues."
"The American and British people need to see whatever text there is or is developed in ongoing talks—and no deal should be approved or go into effect without going through proper on-the-record public comment processes and congressional oversight," said St. Louis. "We need to know, for instance, when they claim to address 'non-tariff barriers,' just what giveaways for Big Tech may be inserted on behalf of Elon Musk and Trump's other tech-bro billionaire buddies, given that he waved around Big Tech's wish list when he announced the tariffs."
"With claims of dozens more 'deals' in progress," St. Louis added, "Congress must act swiftly to demand transparency and accountability in any trade deal before Trump and his team sell off our country for parts behind closed doors."
According to summaries released by the Trump White House and U.K. government, the bilateral trade framework would leave in place the 10% tariff rate that Trump has applied to all imports to the U.S. while providing targeted tariff relief for the British auto, steel, and aluminum industries.
The White House also said, without providing specific details, that the deal would "significantly expand U.S. market access in the U.K., creating a $5 billion opportunity for new exports for U.S. farmers, ranchers, and producers."
The U.K. is the first country to announce an agreement in principle with Trump since he unilaterally imposed tariffs on imports to the U.S. last month, invoking emergency authority. The U.S. ran a trade surplus with the U.K. last year, and experts questioned the extent to which the terms of the agreement broadly outlined Thursday would change the trade dynamic between the two countries.
"At this point the goal of policy seems to be to goose the market for the next few days, with no long-term plan," suggested economist Paul Krugman.
Around the world, stocks rose in response to the U.S.-U.K. announcement.
Nick Dearden, director of the U.K.-based advocacy group Global Justice Now, said that Thursday's events were primarily "about appeasing Trump"—but cautioned that worse could be coming in the near future.
"While there are limited tariff reductions, we remain in a much worse position than we were six months ago," Dearden argued. "What's more, Trump could impose new tariffs at any time because Starmer has proven to him that his threats work: caving in to a bully is not something to be celebrated. Today's press conference also fires the starting gun on a genuinely scary, fuller trade deal, and there are strong indications our rights, standards, and protections will be up for grabs in that larger agreement."
"Unless we stand up to this deal, the British public will pay a very high price for Starmer's friendship with Donald Trump," Dearden added.
In a blog post published ahead of Thursday's announcement, Dearden warned that the new framework could set the stage for a deal that locks the U.K. "into policies that favor the unchecked growth of tech monopolies: deregulated AI, increased corporate access to NHS data, and restrictions on our ability to rein in Silicon Valley giants."
"Worse may be coming unless we stop treating trade negotiations as a matter of royal prerogative," wrote Dearden. "We need a modern, democratic process for international agreements—transparent, accountable, and inclusive. But Starmer has shown that such reform won't be gifted by those in power. It must be demanded."