
World Business Report
Trump and Starmer announce US-UK tariffs deal
May 8, 2025
26 minutes
Available for 28 days
President Trump has announced that his administration has reached a trade deal with the United Kingdom. Speaking in the White House, President Trump said the agreement would provide access to the British market for American beef and agricultural and industrial products.
The presidents of Russia and China, Vladimir Putin and Xi Jinping, have held what they described as productive talks at the Kremlin. China is Russia's biggest trading partner. It buys large amounts of oil and gas, helping to compensate for the loss of Western markets that followed Russia's full-scale invasion of Ukraine.
And Andrew Peach hears that Western Sahara, a disputed territory in North Africa, is experiencing a major economic change. Why? Well, it traces back to President Trump’s 2020 decision to recognise Morocco’s claim over the region, and now, with Trump back in power, highways, airports, and wind farms are rising from the desert in a multi-billion dollar development push.