Thursday will be a very big and exciting day for the US and the United Kingdom, the US president said Donald Trump heralding the announcement of a trade agreement with London at a press conference at the Oval Office at 5pm Greece.

BBC conveyed that the Star star He is expected to make a statement later on a statement on the expected trade agreement with Washington.

“The prime minister will always act in Britain’s interest – for employees, for businesses, for families,” a prime minister spokesman said.

Skynews notes, in view of official announcements, that it appears that London agreed to make some concessions in the imports of food and agricultural products from the United States to ensure relaxation of duties for the automotive industry.

The details, however, are still unclear.

British media notes that the United Kingdom does not have many duties in American goods and has a balanced trade agreement with the US.

The duties imposed by Trump would have a real pound impact on British exports to the US.

However the main obstacle They are not the dutiesbut the Food Regulations. For example, chlorine washed chicken and beef with hormones common in the US are not allowed in the United Kingdom.

The British agricultural industry will be “completely opposed” to any relaxation of the standards, Skynews notes and adds that it will obstruct any trade agreement with the US as they want the United Kingdom to observe their food standards.

The British Government is seeking an agreement to reduce duties since the US president Donald Trump announced mammoth duties almost every country last month.

Trump seemed to refers to the agreement in his post on Truth Social On Wednesday night, saying that he will announce a “important trade agreement” with a “very respected country”.

Governments from around the world are trying to conclude agreements with Washington before the expiration of the new 90 -day deadline.

The US has left a 10% base duties in force for all countries while 25% of steel, aluminum and cars are in force.

Washington is close to reaching trade agreements with India and Israel, according to reports.

The government is also continuing talks with several other countries, such as Japan, South Korea and Vietnam.

Trump has stated that he wants nations to conclude new agreements with the US as he is trying to radically reshape the world trade system.

This week Americans and Chinese top officials will begin talks in an attempt to decline the conflict between the world’s two largest economies.