The U.S. and United Kingdom have signed a trade deal, the first such agreement since President Donald Trump announced sweeping tariffs on trading partners earlier this year. The deal is set to lower tariffs on steel and automobiles and make it easier for the U.

President Donald Trump said the trade agreement with the UK would eliminate many tariffs that "unfairly discriminated against American products."

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.