On Thursday, after Trump announced a trade deal with Britain, US Secretary of Commerce Lutnick said that increasing market access for US exporters would bring in billions of dollars in revenue. “They agreed to open up the market, which would increase the opportunity for US exporters by $5 billion,” Lutnick said in the Oval Office. “We still have a 10% tariff, which will bring the US $6 billion in revenue.” Lutnick said the agreement will not put pressure on the British economy, and British workers will not be adversely affected by the agreement. He added that the agreement meant that the UK could export 100,000 cars to the US, “only paying a 10% tariff.”

On Thursday, after Trump announced a trade deal with Britain, US Secretary of Commerce Lutnick said that increasing market access for US exporters would bring in billions of dollars in revenue. “They agreed to open up the market, which would increase the opportunity for US exporters by $5 billion,” Lutnick said in the Oval Office. “We still have a 10% tariff, which will bring the US $6 billion in revenue.” Lutnick said the agreement will not put pressure on the British economy, and British workers will not be adversely affected by the agreement. He added that the agreement meant that the UK could export 100,000 cars to the US, “only paying a 10% tariff.”