Connect with us

News

Donald Trump to announce trade deal with UK

Published

on

Donald Trump to announce trade deal with UK

Unlock the White House Watch newsletter for free

Donald Trump plans to announce a trade deal with the UK on Thursday, according to people familiar with the matter, in what would make Britain the first country to reach an agreement with the US since the White House announced sweeping tariffs last month.

The US president said in a post on his Truth Social platform on Wednesday that a “Big News Conference” was coming “concerning a MAJOR TRADE DEAL WITH REPRESENTATIVES OF A BIG, AND HIGHLY RESPECTED, COUNTRY”.

The expected UK-US agreement is one of 17 that Trump has been aiming to sign with its major trading partners as the White House rows back on the global tariffs announced on April 2.

Advertisement

The US president has been under pressure to deliver some early deals to convince investors that he is serious about de-escalating after his April 2 “liberation day” announcement triggered turmoil across financial markets.

The full scope and details of the trade pact expected on Thursday were not clear, including whether further negotiations would be needed to finalise it.

The Financial Times reported on Tuesday that Washington and London were close to agreeing a pact that would offer lower-tariff quotas for British cars and steel exports, which were hit with 25 per cent levies by Trump in February and March.

UK Prime Minister Sir Keir Starmer is also under pressure to strike a deal with Washington after the car and steel industries warned of the “devastating” effects of the tariffs.

Sparing the steel and car industries from the full brunt of the duties would help offset the impact of the “liberation day” levies on UK exports to the US, which were set at the baseline rate of 10 per cent last month.

Advertisement

A spokesperson for the prime minister said: “The United States is an indispensable ally for both our economic and national security. Talks on a deal between our countries have been continuing at pace and the prime minister will update later today.”

Trump administration officials have also been holding talks with multiple countries including Japan, Vietnam, India and the EU.

US Treasury secretary Scott Bessent is set to travel to Switzerland on Thursday ahead of talks with Chinese officials. Tensions between Washington and Beijing have triggered fears of a damaging decline in trade between the world’s two largest economies.

Trump’s shift towards trade negotiations followed a sell-off in stock markets last month after the US hit many trading partners with so-called reciprocal tariffs of up to 50 per cent. However, he then lowered those tariffs to the 10 per cent baseline rate for 90 days to give room for negotiation.

As well as a backlash from investors, Trump has faced recriminations from Democrats and even some Republicans who believe his sweeping tariffs are damaging the economy and risk reigniting inflation. Polls have shown that Americans are souring on Trump’s handling of the economy.

Advertisement

However, Trump and his top officials have continued to defend their tariff policies on the grounds that they want to reset the global economy so the US produces more domestically and is less reliant on imports — even if it brings some short-term disruption.

The White House did not respond to requests for comment.

The New York Times first reported that Thursday’s trade announcement related to the UK.

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

News

Man Charged With Posting Bomb Instructions Used in New Orleans Attack

Published

on

Man Charged With Posting Bomb Instructions Used in New Orleans Attack

Federal prosecutors have filed charges against a former Army serviceman they accused of distributing instructions on how to build explosives that were used by a man who conducted a deadly attack in New Orleans on New Year’s Day last year.

The former serviceman, Jordan A. Derrick, a 40-year-old from Missouri, was charged with one count of engaging in the business of manufacturing explosive materials without a license; one count of unlawful possession of an unregistered destructive device; and one count of distributing information relating to manufacturing explosives, according to a criminal complaint unsealed on Wednesday. The three charges together carry a maximum sentence of 40 years in federal prison.

Starting in September 2023, the authorities said, Mr. Derrick was using various social media sites to share videos of himself making explosive materials, including detonators. His videos provided step-by-step instructions, and he often engaged with viewers in comments, sometimes answering their questions about the chemistry behind the explosives.

The authorities said that Mr. Derrick’s videos were downloaded by Shamsud-Din Bahar Jabbar, 42, who was accused of ramming a pickup truck into a crowd on Bourbon Street in New Orleans on Jan. 1, 2025, in a terrorist attack that killed 14 people and injured dozens. Mr. Jabbar was killed in a shootout with the police. Before the attack, Mr. Jabbar had placed two explosives on Bourbon Street, the authorities said, but they did not detonate.

The authorities later recovered two laptops and a USB drive in a house that Mr. Jabbar had rented. The USB drive contained several videos created by Mr. Derrick that provided instructions on making explosives. The authorities said the explosives they recovered were consistent with the ones Mr. Derrick had posted about.

Advertisement

Mr. Derrick’s lawyers did not respond to requests for comment.

Mr. Derrick was a combat engineer in the Army, where he provided personnel and vehicle support, the authorities said. He also helped supervise safety personnel during demolitions and various operations. He was honorably discharged in February 2013.

The authorities did not say whether Mr. Derrick had any communication with Mr. Jabbar, or whether the men had known each other. In some of Mr. Derrick’s videos and comments, he indicated that he was aware that his videos could be misused.

“There are a plethora of uh, moral, you know, entanglements with topics, any topic of teaching explosives, right?” he asked in one video, according to the affidavit. “Of course, the wrong people could get it.”

The authorities also said that an explosion occurred at a private residence in Odessa, Mo., on May 4, and the occupant of the residence told investigators that he had manufactured explosives after watching online tutorials from Mr. Derrick.

Advertisement

Mr. Derrick’s YouTube account had more than 15,000 subscribers and 20 published videos, the affidavit said. He had also posted content on other platforms, including Odysee and Patreon. Some videos were accessible to the public for free, while others required a paid subscription to view.

“My responsibility to my countrymen is to make sure that I serve the function of the Second Amendment to strengthen it,” Mr. Derrick said in one of his videos, according to the affidavit. “This is how I serve my country for real.”

Outside of the income he received through content creation, Mr. Derrick did not have any known employment. He did receive a monthly disability check from Veterans Affairs, the affidavit stated.

Continue Reading

News

The Girls: “This isn’t ringing alarms to y’all?” : Embedded

Published

on

The Girls: “This isn’t ringing alarms to y’all?” : Embedded
Allegations pile up, but Child Protective Services declines to investigate and the school district continues to promote Ronnie Stoner. We include an update at the end of the episode. “The Girls” is a 4-part series from the Louisville Public Media’s investigative podcast, Dig.
Continue Reading

News

Chud the Builder, Known for Racist Confrontations, Charged With Attempted Murder

Published

on

Chud the Builder, Known for Racist Confrontations, Charged With Attempted Murder

A streamer known for hurling racist slurs in public settings under the nickname “Chud the Builder” was charged with attempted murder after a shooting outside a Tennessee courthouse on Wednesday, the authorities said.

The streamer, Dalton Eatherly, 28, was involved in a confrontation with an unidentified man that escalated to gunfire outside the Montgomery County Court in Clarksville, about 50 miles northwest of Nashville, the Montgomery County Sheriff’s Office said in a statement. Both men sustained gunshot wounds and were in stable condition, the office said.

In addition to attempted murder, Mr. Eatherly was charged with employing a firearm during dangerous felony, aggravated assault and reckless endangerment with a deadly weapon, the sheriff’s office said.

Mr. Eatherly, who is white, has accumulated an online audience by livestreaming confrontations in which he uses racist language toward Black people in public.

Law enforcement did not provide any details about the second man involved in Wednesday’s shooting. Mr. Eatherly posted an audio recording online of paramedics treating his wounds in which he claims he shot the man in self-defense.

Advertisement

A video posted by the website Clarksville Now shows Mr. Eatherly on a stretcher with a microphone attached to his lapel.

Mr. Eatherly is being held at the Montgomery County Jail, pending arraignment, the sheriff’s office said.

According to court records, Mr. Eatherly was scheduled to appear for a court hearing on Wednesday morning in an unrelated case brought by Midland Credit Management, a collections agency.

A lawyer listed in court records from a separate harassment case in which Mr. Eatherly was a defendant in November did not respond to a request for comment.

On Sunday, three days before the shooting in Clarksville, Mr. Eatherly was arrested in Nashville. According to a police affidavit, Mr. Eatherly live streamed his meal at a restaurant, Bob’s Steak and Chop House, on Saturday even though the restaurant had asked him ahead of time not to do so.

Advertisement

When he was confronted, Mr. Eatherly “became disruptive and started making racial statements, yelling, screaming and otherwise creating a scene,” according to the affidavit.

He then refused to pay for his $370 meal. Mr. Eatherly was charged with theft of services, disorderly conduct and resisting arrest. He was released on $5,000 bond.

Continue Reading
Advertisement

Trending