JD Vance Optimistic About US-UK Trade Deal Amid Global Tariff Changes

U.S. Vice President JD Vance has expressed optimism about securing a trade agreement with the UK, highlighting a "good chance" of success due to the reciprocal nature of the bilateral relationship. This comes in the wake of President Trump's recent imposition of a 10% baseline tariff on imports from several countries, including the UK. Despite market volatility following the tariff announcement, Vance emphasized that discussions with Prime Minister Keir Starmer's government are progressing well, aiming to cover both goods and services. He also noted that the US-UK deal might be more straightforward compared to negotiations with other European nations, citing Germany's restrictive stance on American exports.