Trump and Starmer announce US-UK tariffs deal

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  This is Andrew Peach with World Business Report.

• 00:02

  At a news conference in the Oval Office, President Trump is due to announce a deal with the UK.

• 00:07

  to reduce tariffs.

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  We'll have the details as they're announced live on the programme.

• 00:12

  Despite promises to stop the attacks on ships in the Red Sea,

• 00:15

  one of the biggest shipping companies tells us disruption will continue for the rest of this year.

• 00:20

  And amid the military parade on Red Square to mark victory over Nazi Germany,

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  the presidents of Russia and China will hold talks to deepen their trade ties.

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  They are trying to establish some kind of joint policy towards the West.

• 00:35

  They are trying to show to the West that China and Russia will be stronger.

• 00:41

  First,

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  President Trump is about to start giving details of a deal to reduce tariffs that have been agreed with the UK.

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  Mr Trump says it's a great honour to have the UK as the first country to reach an agreement.

• 00:53

  We're still waiting for the pictures from the Oval Office in the White House and those details.

• 00:57

  We'll bring them to you as soon as we have them on World Business Report.

• 01:01

  Our reporter James Wickham is with me.

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  There's already actually been some important developments in the UK economy today, James.

• 01:08

  Tell us.

• 01:08

  There has, Andrew.

• 01:09

  Yes, we were hoping by this point we would actually... know the details of this deal, but we don't.

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