Britain hasn’t agreed a trade deal with the US – it’s ended a hostage negotiation

What’s in the new US-UK trade deal? How will Trump’s tariffs impact carmakers? Why was Celsius founder sentenced to prison? What caused Bitcoin to surge past $100,000? How is Meta re-entering the stablecoin market? Why did the Federal Reserve hold interest rates? How did the UK rate cut respond to trade tensions? What’s behind Peloton’s latest revenue forecast rise? Why are companies passing tariffs costs to consumers?

Britain hasn’t agreed a trade deal with the US – it’s ended a hostage negotiation | Gaby Hinsliff

theguardian.com/commentisfree/2025/may/08/britain-trade-deal-us-hostage-negotiation

There will be relief for carmakers but not much else to celebrate: Trump’s whims still hang over the UK – and the world – economy
Hang out the bunting and let the church bells ring. A VE Day trade deal with Donald Trump is done, and in the car plants of the West Midlands as much as in the…

This story appeared on theguardian.com, 2025-05-08 18:12:00.