Karoline Leavitt Teases Trade Deal ‘Boom’ After Trump Locks in UK Deal [WATCH]

The White House confirmed Friday that additional trade agreements are expected to follow the new bilateral deal announced Thursday between the United States and the United Kingdom.

White House Press Secretary Karoline Leavitt, speaking during a press briefing, stated that the U.S. is preparing to enter into a series of new international trade agreements.

“This is just the first of many trade deals to come. Get ready for more historic deals and our country to boom like never before,” Leavitt said.

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Her statement mirrored remarks made by President Donald Trump, who spoke in the Oval Office on Thursday and followed up on Truth Social Friday morning.

In response to a reporter’s question about the timeline for additional agreements, Trump said, “We’re very close,” and confirmed that “numerous” deals are currently being negotiated.

The president also noted that Treasury Secretary Howard Lutnick, who was present at the announcement, would return to his trade duties immediately following the press event.

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Trump added that Treasury Secretary Scott Bessent is scheduled to travel to Switzerland over the weekend for meetings with Chinese officials, signaling that talks with China may also be progressing.

Reporter: “How close are you to more deals?”@POTUS: “We’re very close. We have numerous deals… Every country throughout the last 40-50 years has literally ripped off the United States… We are now making fair deals.” pic.twitter.com/LPVwOmFy7a

— Rapid Response 47 (@RapidResponse47) May 8, 2025

On Friday morning, President Trump posted on Truth Social: “Many Trade Deals in the hopper, all good (GREAT!) ones!”

According to details released by the White House, the U.S.-U.K. agreement will expand American producers’ access to British markets by an estimated $5 billion.

The deal also preserves the 10 percent baseline Liberation Day tariff, which administration officials estimate will generate $6 billion in external revenue for the United States.

Products manufactured in the United States that will benefit from enhanced access to the U.K. include ethanol, beef, cereals, fruits, vegetables, animal feed, tobacco, soft drinks, shellfish, textiles, chemicals, and machinery.

The expanded access is expected to benefit a wide range of American industries.

In a post on Truth Social, President Trump highlighted several of these sectors, listing the goods included in the agreement and reiterating the administration’s emphasis on boosting American exports.

The trade deal also includes new provisions related to automobile imports.

Under the agreement, tariffs on British automobiles will be reduced to 10 percent for the first 100,000 cars imported annually into the U.S. Vehicles imported beyond that threshold will face a 25 percent tariff.

Additionally, the agreement exempts Rolls-Royce aircraft engines, which are used by certain American manufacturers, from tariffs.

Howard Lutnick noted that a British airliner is expected to purchase $20 billion worth of Boeing aircraft as part of the broader commercial cooperation between the two nations.

The administration has not provided a timeline for the announcement of upcoming trade deals but has indicated that several negotiations are nearing completion.

Further updates are expected in the coming weeks as discussions continue with key international partners.

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