U.S. and U.K. Agree on Trade Deal With $6 Billion Revenue, Crypto Jumps

The United States and the United Kingdom have struck a new trade deal—marking the first major agreement since President Donald Trump raised tariffs back in April. The announcement came via a Truth Social post where Trump laid out the projected gains and national security impact of the deal.

Good to know

• Deal includes 10% tariffs expected to generate $6 billion in external revenue.
• Agreement opens $5 billion in new export opportunities for U.S. producers.
• Steel, aluminum, and pharmaceuticals feature in new trade zone plans.

Trump said the deal would benefit both countries by creating a dedicated trade zone for aluminum and steel, along with a more reliable pharmaceutical supply chain. He also noted the deal will support U.S. farmers, ranchers, and manufacturers looking to increase exports.

“Today is an incredible day for America as we deliver our first Fair, Open, and Reciprocal Trade Deal — Something our past Presidents never cared about. Together with our strong Ally, the United Kingdom, we have reached the first, historic Trade Deal since Liberation Day,” Trump wrote.

The agreement follows global market disruption caused by Trump’s tariff policy in April, which raised import taxes on key goods and drew strong reactions from trade partners. The new deal appears to be an effort to stabilize and realign strategic trade relationships.

Shortly after the announcement, Bitcoin and Ethereum both jumped in value. Bitcoin is now trading at $102,900, up 6.3% over the past week. Ethereum surged past $2,300, recording a 28% weekly gain. According to CoinMarketCap, the total crypto market cap now sits at $3.28 trillion.

Analysts pointed to rising investor confidence amid easing global trade tensions, especially as the U.S. re-engages with long-time allies through structured agreements.