Trump's anticipated UK trade deal spurs sterling and Aussie jumps

Thursday, May 8, 2025, 1:20 am

Reports indicate that President Trump is set to announce a major trade deal centered on a UK partnership, prompting immediate market reactions. Sterling recorded a notable jump while an unexpected Aussie reference added an unusual twist, leaving investors both amused and cautious amid the unfolding deal details.

wired.com / Donald Trump’s UK Trade Deal Could Secure Jaguar's Resurrection

A US deal to drop car tariffs from 25 to 10 percent could bolster UK luxury car sales—but only for the first 100,000 vehicles. This is particularly welcome news for Jaguar Land Rover.

kotaku.com / Worst-Case Tariff Scenario Could Hike Game Console Prices By Over 69 Percent

President Trump hit a 90-day pause on a whole raft of “reciprocal” tariffs aimed at U.S. trading partners around the world. While many seem skeptical that the heavily criticized and widely unpopular import taxes could come back, what if Trump decided to do just that? A new report models what would…

www.ft.com/ / Britain’s trade deal with Trump may not be good news for the world - Financial Times

Britain’s trade deal with Trump may not be good news for the world Financial Times

reuters.com/business / Wall St rises after US-Britain trade deal boosts market confidence - Reuters

Wall St rises after US-Britain trade deal boosts market confidence Reuters

reuters.com/business / UK to announce $10 billion Boeing purchase, US commerce secretary says - Reuters

UK to announce $10 billion Boeing purchase, US commerce secretary says Reuters

cnet.com / Tariff Tracker: We're Watching Prices for 11 Products You Might Need to Buy

Worried about tariffs? See how President Trump's new import taxes are affecting the prices of popular products like iPhones, video games and coffee.

theverge.com / Kickstarter’s new Tariff Manager is now available to campaign creators

Kickstarter's new Pledge Manager, featuring tools that "simplify logistics and fulfillment" after funds have been successfully raised, is now available to all creators. It was first announced last February as part of a sneak peek at Kickstarter's 2025 Product Roadmap. Initially only available…

zerohedge.com / Markets Soar As Trump Says "Better Go Buy Stocks Now"

Markets Soar As Trump Says "Better Go Buy Stocks Now" While commenting to reporters after signing the first (of many) trade deal with the UK, President Trump told Americans that they "better go out and buy stocks now" as he looks forward to signing his "big beautiful bill." REAL…

semafor.com/ / Trump, Starmer agree UK-US trade deal that offers some tariff relief for steel, autos - Semafor

Trump, Starmer agree UK-US trade deal that offers some tariff relief for steel, autos Semafor

theregister.com / Arm says it isn’t worried by tariffs, but won't give guidance for FY'26

No direct impact on royalty, licensing biz but device end demand in firing line World War Fee Arm shares took a tumble after it declined to issue guidance for the year ahead in light of the current economic uncertainty, despite the chip designer claiming record revenue for the quarter just ended.…

www.ft.com/ / Live news: Donald Trump announces trade deal with UK - Financial Times

Live news: Donald Trump announces trade deal with UK Financial Times

proactiveinvestors.com/ / Nasdaq tech stocks power rally at the open, as UK trade deal and chip restrictions boost - Proactive financial news

Nasdaq tech stocks power rally at the open, as UK trade deal and chip restrictions boost Proactive financial news

zerohedge.com / In 'Divided' Decision, BoE Cuts Rates, Plays Down Tariff Fears; Trump Trounces "FOOL" Powell For No Fed Cut

In 'Divided' Decision, BoE Cuts Rates, Plays Down Tariff Fears; Trump Trounces "FOOL" Powell For No Fed Cut Ahead of an expected trade deal between US and UK, the Bank of England cut rates by 25bps to 4.25% (as expected) this morning. However, the divided decision surprised markets by…

zerohedge.com / Futures, Global Markets Jump On Trump Trade Deal With UK

Futures, Global Markets Jump On Trump Trade Deal With UK US equity futures storm higher, and are back to their post-Liberation Day highs on positive trade news (Imminent "comprehensive" trade agreement with UK the first of his promised deals; removal of chip export restrictions) and a…

bloomberg.com/technology / Bitcoin Nears $100,000 and Ether Surges on Talk of Trade Deals - Bloomberg

Bitcoin Nears $100,000 and Ether Surges on Talk of Trade Deals Bloomberg

zerohedge.com / Trump To Reveal "Major Trade Deal" Between US-UK

Trump To Reveal "Major Trade Deal" Between US-UK Yet another signal that the trade war has hit its peak came overnight, as President Trump took to Truth Social to tease a "big news conference" Thursday morning, where he plans to unveil a "major deal." As U.S. markets began coming…

www.ft.com/ / Donald Trump to announce trade deal with UK - Financial Times

Donald Trump to announce trade deal with UK Financial Times

reuters.com/business / Sterling jumps with Aussie as Trump moots 'major' trade deal - Reuters

Sterling jumps with Aussie as Trump moots 'major' trade deal Reuters

permalink / 18 stories from sources in 2 days ago #finance #trump #uk #australia

More Top Stories...

Apple Shifts iPhone Production to Brazil to Dodge U.S. Tariffs

Facing escalating U.S. tariffs, Apple appears to be quietly shifting iPhone production to Brazil through its Foxconn partnership. Despite Apple’s denials, industry insiders suggest this strategic relocation aims to stabilize prices and secure the supply chain, proving that when it comes to international trade, geography often trumps rhetoric. More...

Rippling Soars to $16.8 Billion Valuation Amid Financing Round

HR tech startup Rippling has astonished investors by reaching a $16.8 billion valuation following a $450 million Series G financing round. This meteoric rise, buoyed by savvy venture capital interest (YC reportedly being one of the backers), adds another chapter to today’s ever-expanding unicorn saga. More...

Google to Pay Billion-Dollar Settlement Over Texas Privacy Claims

Google has agreed to a settlement of roughly $1.375 billion to settle allegations of invasive data tracking practices in Texas. Both reports detail the breach of users’ sensitive geolocation and privacy rights, marking another hefty reminder that digital privacy demands serious oversight—even if enforcement sometimes seems as elusive as a mirage. More...

Google Gemini API introduces caching to slash developer costs

Google is shaking up the developer playground by adding an implicit caching feature to its Gemini 2.5 API, promising to cut costs by up to 75%. By reusing common data prefixes, this move transforms repetitive prompt handling, making high-powered AI more efficient—and a bit more wallet‐friendly—for tech innovators. More...

Chrome battles online scams with on-device AI

In a high-tech twist on digital security, Google is deploying on-device AI in Chrome to sniff out and block online scams in real time. This stealth upgrade is set to intercept nasty cyber schemes before they even reach your browser, proving that even your computer can have a watchdog with a wicked streak. More...

Related Tags