ChainCatcher news, according to Jinshi, Capital Economics economist Paul Dales said that the trade agreement with the United States will not significantly stimulate the growth of the UK economy.On Thursday, Trump stated that the U.S. has reached a framework agreement with the UK, which will include reducing tariffs on UK steel and automobiles in exchange for the UK purchasing Boeing products and allowing more access for U.S. farmers to the UK. However, the agreement is limited, and compared to other economies, the UK will not be significantly affected by Trump's tariffs.

ChainCatcher news, according to Jinshi reports, spot gold reversed its trend on Thursday after reports that U.S. President Trump might sign a trade agreement with the UK, putting pressure on the market, while investors are waiting for the outcome of the U.S.-China trade negotiations this weekend. "In terms of trade agreements, any easing of trade tensions and reduction of uncertainty will be detrimental to gold. If the U.S. announces a trade agreement with the UK, it will have a positive impact on the overall global economy," said Jigar Trivedi, senior commodity analyst at Reliance Securities.

ChainCatcher News, U.S. President Trump met with visiting British Prime Minister Starmer. After the meeting, the two held a joint press conference. Regarding topics related to U.S.-U.K. trade and cooperation, Trump stated that the U.S. and the U.K. are negotiating a bilateral trade agreement.Trump mentioned that the two sides will reach a "great trade deal," and ultimately, a very good agreement for both countries is being worked on, with expectations to finalize it with the U.K. soon. Starmer stated that the two countries have begun to formulate a new economic agreement centered on advanced technologies such as artificial intelligence to strengthen their trade relationship.As for Trump's recent threats to impose tariffs on other countries, he indicated that he discussed U.S. tariffs on the U.K. with Starmer, who attempted to persuade him not to impose tariffs on Britain. Trump also stated that if the two sides reach a trade agreement, there would be no need to impose tariffs on the U.K.