The trade pact between the U.S. and the U.K. was announced by President Donald Trump and UK Prime Minister Sir Keir Starmer, who appeared to be on first name terms

Although the White House called the trade deal a 'milestone,' U.S. officials also described it as merely the 'end of the beginning' of talks involving the trade relationship with Britain.

Donald Trump and the UK announced a trade deal, marking the first deal agreed upon since Trump's 'liberation day' tariffs announcement.