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Thursday, May 8, 2025

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3 hours ago
William Upton
Politics
Religion

Pope Leo XIV Is a Registered Republican and Cast Ballots in Past GOP Primaries.

PULSE POINTS:

❓What Happened: U.S. voting data shows that the newly-elected Pope Leo XIV—formerly known as Cardinal Robert Prevost of Chicago, Illinois—is a registered Republican and has voted in a number of Republican primary elections in the past. Additionally, voter modeling suggests he is a conservative Republican voter.

👥 Who’s Involved: Pope Leo XIV.

📍 Where & When: May 8, 2025, the Vatican in Rome, Italy.

💬 Key Quote: Our Turning Point Action team pulled the voting history for Pope Leo XIV. He’s a registered Republican who has voted in Republican primaries when not living abroad,” Turning Point Action’s Charlie Kirk wrote in a post on X (formerly Twitter). He added: “Our data shows he’s a strong Republican, and he’s pro-life.”

⚠️ Impact: While not conclusive as to what the theological and ideological temperament of Pope Leo XIV might be, the data suggests that the new pontiff does represent a break from the more progressive excesses of his predecessor, the late Pope Francis.

IN FULL:

With the election of Chicago-born American Cardinal Robert Prevost to the papacy, taking the name Pope Leo XIV, we can, for the first time, actually know—to an extent—the political voting history of a pontiff in American elections. An American citizen, Pope Leo XIV is a registered member of the Republican Party and cast Republican primary ballots in 2012, 2014, and 2016.

“Our Turning Point Action team pulled the voting history for Pope Leo XIV. He’s a registered Republican who has voted in Republican primaries when not living abroad,” Turning Point Action’s Charlie Kirk wrote in a post on X (formerly Twitter). “Our data shows he’s a strong Republican, and he’s pro-life.”

Notably, the new pontiff has also cast ballots in a number of general elections in the United States in both presidential and midterm cycles. Pope Leo XIV voted in all U.S. general elections between 2000 and 2008, casting a ballot again in 2012 and 2014, and in 2018 and 2024. Additionally, according to voter modeling by Turning Point Action, Pope Leo XIV is categorized as having a generally conservative political ideology and a strong Republican partisanship rating.

The election and modeling data may provide hope for some of the more traditionalist factions in the Catholic Church, who want the new pontiff to provide a reprieve from the late Pope Francis‘s more “progressive” papacy. However, it is important to note that outside the modeling, it is unknown which candidates for public office were actually supported by Pope Leo XIV, with more moderate Republicans being just as likely as more conservative candidates.

Throwing some cold water on the idea that Pope Leo XIV may in some ways embody a more American conservative style of Catholicism is his history of criticism of President Donald J. Trump and Vice President J.D. Vance over their immigration policy on social media. The National Pulse reported earlier on Thursday that then-Cardinal Robert Prevost had shared several articles on X attacking both Trump and Vance over their deportation and immigration restriction policies.

By Popular Demand.
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23 minutes ago
Economy

Stocks Climb as Trump Secures U.S.-U.K. Trade Deal.

PULSE POINTS:

❓What Happened: President Donald J. Trump announced a new trade agreement with the United Kingdom, leading to a rise in U.S. stock markets.

👥 Who’s Involved: President Donald J. Trump, Commerce Secretary Howard Lutnick, Treasury Secretary Scott Bessent, investors, and the U.S. Stock Market.

📍 Where & When: The announcement of the U.S.-UK trade deal was made on Thursday morning, May 8, 2025, from the Oval Office.

💬 Key Quote: Trump stated the deal will provide “billions of dollars of increased market access for American exports, especially in agriculture.”

⚠️ Impact: U.S. stock indices rose, with the S&P 500, Dow Jones, and Nasdaq all gaining. The blue-chip Dow narrowly missed exit correction territory.

IN FULL:

U.S. stock markets experienced a boost on Thursday following President Donald J. Trump’s announcement of a trade agreement with the United Kingdom. At closing, the Dow Jones had gained 254 points, or 0.6 percent. Meanwhile, the S&P 500 also rose 0.6 percent, and the Nasdaq closed up 1 percent.

After weeks of what Trump critics tried to frame as a market decline, the blue-chip Dow Jones narrowly missed exit correction territory, strongly suggesting that the volatility has been driven by a much-needed market correction. Notably, the market gains are also throwing cold water on fears that the United States has entered a bear market.

In a statement from the Oval Office, President Trump highlighted the economic benefits of the new trade deal, which promises “billions of dollars of increased market access for American exports, especially in agriculture.” He noted that the United Kingdom will remove non-tariff barriers that have previously “unfairly discriminated against American products.”

Despite the new agreement, lower tariffs on imports from Britain will remain. Commerce Secretary Howard Lutnick confirmed that tariffs would continue to generate $6 billion in revenue for the United States.

Treasury Secretary Scott Bessent informed a House committee earlier this week that the U.S. is engaged in negotiations with 17 out of 18 key trading partners. While the U.S.-U.K. deal is seen as a positive step, larger traders like China may present more significant challenges. China has reiterated its demand for the U.S. to cancel tariffs, a point of contention ahead of talks between Secretary Bessent and a Chinese delegation this weekend.

President Trump has maintained his stance on not reducing the 145 percent tariffs on Chinese goods during negotiations. Meanwhile, the Federal Reserve, citing trade policy uncertainties, decided to keep its benchmark interest rate steady at 4.25 percent to 4.5 percent.

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By Popular Demand.
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1 hour ago
Christopher Tomlinson
World

Germany Reverses Designation of Populist Party as ‘Right-Wing Extremist’ Following Lawsuit, Pressure from Trump.

PULSE POINTS:

❓What Happened: Following a lawsuit and criticism from the Trump administration, Germany’s domestic spy agency has suspended its classification of the populist Alternative for Germany (AfD), which placed second in the country’s recent federal elections, as a right-wing extremist organization.

👥 Who’s Involved: AfD, AfD leader Alice Weidel, co-leader Tino Chrupalla, the Federal Office for the Protection of the Constitution.

📍 Where & When: The spy agency announced the move on May 8.

💬 Key Quote: “We are defending ourselves with all legal means against the upgrade by the Federal Office for the Protection of the Constitution.” — Weidel and Chrupalla.

⚠️ Impact: The German spy agency will not surveil members of the AfD or place informants in the party as general policy until the court case is resolved.

IN FULL:

The German domestic spy agency has suspended its labelling of the populist Alternative for Germany (AfD) party as a right-wing extremist organization following pressure from the Trump administration and a new lawsuit. The Federal Office for the Protection of the Constitution announced it would be suspending the classification on May 8 until a court decides on the outcome of the pending lawsuit.

The AfD is appealing the classification at the Cologne Administrative Court to reverse the spy agency’s decision. If the court does not rule in favour of the party, the spy agency will be able to surveil party members and use informants to infiltrate it at scale.

Following the announcement from the spy agency, AfD leaders Alice Weidel and Tino Chrupalla both claimed it as a victory, though the move will only become permanent after a ruling.

“We are defending ourselves with all legal means against the upgrade by the Federal Office for the Protection of the Constitution,” the pair said in a statement. Their party placed second in Germany’s recent federal elections, and it is the leading party in several areas, particularly in the former East Germany.

Along with the lawsuit, the move comes after the German spy agency was widely criticised by members of Donald J. Trump’s administration, including Secretary of State Marco Rubio. “Germany just gave its spy agency new powers to surveil the opposition. That’s not democracy—it’s tyranny in disguise,” Rubio said.

Image by Markus Spiske.

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By Popular Demand.
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2 hours ago
William Upton
Politics

With Ed Martin Nomination Stalled, Trump May Name Judge Jeanine as U.S. Attorney for D.C. Instead.

PULSE POINTS:

❓What Happened: With Ed Martin’s nomination as U.S. attorney for the District of Columbia stalled in the Senate, it is widely speculated that President Donald J. Trump will announce former judge, prosecutor, and Fox News host Jeanine Pirro as his new pick.

👥 Who’s Involved: Current Interim U.S. attorney for the District of Columbia, Ed Martin; Fox News host Judge Jeanine Pirro; President Donald J. Trump, Senator Thom Tillis (R-NC), the U.S. Senate.

📍 Where & When: Washington, D.C., May 8, 2025.

💬 Key Quote: “He is a terrific person. He wasn’t getting the support from people that I thought,” Trump said of the stalled Martin nomination, adding: “I’m very disappointed in that. But I have so many different things that I’m doing now with the trade [negotiations]. One person, I can only lift that little phone so many times in a day. But we have somebody else that will be great.”

⚠️ Impact: Pirro is seen as a staunch ally of Trump, who, like Martin, will continue to carry out the America First leader’s agenda in the District of Columbia.

IN FULL:

It is believed that President Donald J. Trump will soon tap former judge, prosecutor, and Fox News host Jeanine Pirro as the new Interim U.S. Attorney for the District of Columbia. The move comes as the push to confirm the current interim prosecutor, Ed Martin, has stalled out in the U.S. Senate after drawing opposition from Senator Thom Tillis (R-NC), an establishment figure often accused of catering to the political goals of multinational corporations over Americans.

Earlier on Thursday, after signing a landmark trade deal with the United Kingdom, President Trump addressed the current situation with Martin’s nomination, expressing his frustration with the senators opposing his pick but signaling that the White House would be moving on to another choice. “He is a terrific person. He wasn’t getting the support from people that I thought,” Trump said, adding: “I’m very disappointed in that. But I have so many different things that I’m doing now with the trade [negotiations]. One person, I can only lift that little phone so many times in a day. But we have somebody else that will be great.”

Trump went on to reemphasize that his White House has “somebody else that we’ll be announcing over the next two days who’s gonna be great.”

Jeanine Pirro has been a staunch ally of Trump, even before either was on the national political stage. Notably, Pirro was an early backer of Trump’s successful 2016 presidential bid and served as a quasi-surrogate, pushing back against attacks on him in the media.

Image by Michael IVadon.

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By Popular Demand.
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2 hours ago
William Upton
Economy

Economists Blast Bank of England Rate Cut as Too Small — While U.S. Fed Won’t Slash Rates at All.

PULSE POINTS:

❓What Happened: The Bank of England reduced its base interest rate from 4.5 percent to 4.25 percent.

👥 Who’s Involved: The Bank of England, economist Patrick Minford, U.S. President Donald J. Trump, and the United States Federal Reserve.

📍 Where & When: Thursday, May 8, 2025, in the United Kingdom.

💬 Key Quote: “I would have welcomed more [of a cut to base rates] actually… At the moment, the priority is to try and stop the recession gathering pace,” said economist and former Margaret Thatcher advisor Patrick Minford.

⚠️ Impact: The British rate cut may not be sufficient to prevent a recession in Britain, but could increase pressure on the U.S. Federal Reserve to finally enact a rate cut of its own.

IN FULL:

The Bank of England has announced a reduction in its base interest rate from 4.5 percent to 4.25 percent, a move that has been met with mixed reactions from economists and the public. While this decision is seen as beneficial for many homeowners, Patrick Minford, a prominent economist and former advisor to the late Prime Minsiter Margaret Thatcher, has expressed concerns that the cut may not be enough to avert an impending recession. Conversely, yesterday, the United States Federal Reserve declined to cut rates at all, raising concerns that the American central bank is asleep at the wheel.

“I would have welcomed more [of a cut to base rates] actually,” Minford said in an interview, warning: “At the moment, the priority is to try and stop the recession gathering pace.”

As in the U.S., the British inflation rate has continued to fall, decreasing from 2.8 percent in February to 2.6 percent in March. However, in both countries, the inflation rate remains just above their respective central bank targets. In the U.S., President Donald J. Trump has steadily increased political pressure on Federal Reserve Chairman Jerome Powell to usher in a cut to interest rates and inject liquidity into the American economy.

Following the signing of a bilateral trade agreement between the U.S. and the UK on Thursday, President Trump again pushed “Too Late” Powell to cut rates, likening a cut to “jet fuel” and suggesting Powell’s reluctance to lower interest rates is politically motivated.

Despite growing concerns over a potential global recession driven by a deflationary demand collapse, the U.S. labor market has remained resilient under President Trump. The National Pulse reported on Thursday that unemployment claims are continuing to fall in the U.S., beating expectations, suggesting that recession fears may be overblown.

Image by Rafael Saldana.

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By Popular Demand.
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4 hours ago
Jack Montgomery
Immigration
Religion

New Pope Criticized Trump, Vance, on Immigration.

PULSE POINTS:

❓What Happened: Cardinal Robert Francis Prevost, now Pope Leo XIV, elected as the first American pope, previously criticized President Donald J. Trump and Vice President J.D. Vance’s stance on immigration.

👥 Who’s Involved: Pope Leo XIV, President Trump, Vice President Vance, and the late Pope Francis.

📍 Where & When: Vatican City, with the election confirmed on May 8, 2025.

⚠️ Impact: Pope Leo XIV’s election is a point of national pride for the U.S., but, despite President Trump’s gracious response to his election, the pontiff’s past critiques of America First policies suggest he may attempt to undermine the Trump administration.

IN FULL:

Chicago-born Pope Leo XIV previously criticized President Donald J. Trump and Vice President J.D. Vance on immigration, sharing articles on X (formerly Twitter) calling the America First leader’s “rhetoric” on immigration “problematic” and criticizing his vice president’s stance on a Christian’s ties of obligation to his country and family.

The newly elected pontiff, formerly Cardinal Robert Francis Prevost, has a repost of an X user criticizing President Trump and Salvadoran President Nayib Bukele for the deportation of alleged gang member, domestic abuser, and human trafficker Kilmar Abrego Garcia at the top of his timeline.

In 2015, he shared an article by Cardinal Timothy Dolan, Archbishop of New York, titled ‘Why Donald Trump’s anti-immigrant rhetoric is so problematic.’

More recently, he used the @drprevost account to amplify criticism of Vice President J.D. Vance. He shared two articles attacking Vance, who was responding to the late Pope Francis’s thinly veiled criticism of Trump’s mass deportation policy, for saying that it is in line with Church teaching that “you love your family and then you love your neighbor, and then you love your community, and then you love your fellow citizens, and then after that, prioritize the rest of the world.”

Vance, a Catholic convert, cited the doctrine of ordo amoris, Latin for “order of love,” first outlined by the great 4th–5th-century theologian St. Augustine, angering liberal clergy—apparently including the future Pope Leo XIV—who were pushing the line that illegal immigrants should be given the same consideration as relatives and fellow citizens.

Nevertheless, President Trump has welcomed the new pontiff’s election, writing on his Truth Social platform, writing, “Congratulations to Cardinal Robert Francis Prevost, who was just named Pope. It is such an honor to realize that he is the first American Pope. What excitement, and what a Great Honor for our Country. I look forward to meeting Pope Leo XIV. It will be a very meaningful moment!”

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By Popular Demand.
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5 hours ago
Jack Montgomery
Breaking

BREAKING: The Pope Is American.

PULSE POINTS:

❓What Happened: Cardinal Robert Francis Prevost, a 69-year-old Chicago native, has been elected Pope Leo XIV by the College of Cardinals, becoming the first American pontiff in history following a conclave in the Sistine Chapel.

👥 Who’s Involved: Cardinal Robert Prevost, the College of Cardinals, and the late Pope Francis, who appointed Prevost to key Vatican roles.

📍 Where & When: Vatican City, Sistine Chapel, with white smoke signaling the election on May 8, 2025.
Impact: Prevost’s election as a dual U.S.-Peruvian citizen shatters a long-standing bias against an American pope, potentially reshaping the Catholic Church’s global influence amid its 1.4 billion followers.

⚠️ Impact: Prevost’s election as a dual U.S.-Peruvian citizen shatters a long-standing bias against an American pope, potentially reshaping the Catholic Church’s global influence amid its 1.4 billion followers.

IN FULL:

In a historic upset, the College of Cardinals has elected Cardinal Robert Francis Prevost as Pope Leo XIV, making him the first American to lead the Roman Catholic Church. The 69-year-old Chicago native, who also holds Peruvian citizenship, emerged from the Sistine Chapel conclave on May 8, 2025, after white smoke signaled the selection of Pope Francis’s successor. Prevost’s rise to the papacy defies a centuries-old taboo against an American pope, given America’s geopolitical dominance, and marks a bold new chapter for the Church’s 1.4 billion faithful.

Prevost’s path to the papacy was paved by Pope Francis, who brought him to Rome in 2023 to head the Dicastery for Bishops, a critical role overseeing bishop nominations worldwide. His prominence in the Vatican gave him an edge few cardinals could match, despite his low public profile. Francis further elevated Prevost in early 2025 to the highest rank of cardinals, a clear signal of trust in the Chicagoan’s leadership. Prevost also presided over a groundbreaking reform, integrating three women into the voting bloc for bishop nominations, a move that underscored his alignment with Francis’s progressive vision.

His Peruvian citizenship, acquired in 2015, and his leadership as prior general of the Augustinian order, founded by St. Augustine in the 13th century, bolstered his global credentials. As president of the Pontifical Commission for Latin America, Prevost maintained close ties with the region’s Catholic hierarchy, home to the world’s largest Catholic population.

The conclave, attended by 133 cardinals under 80, was the largest in history, reflecting Francis’s diverse appointments. Prevost’s election, requiring a two-thirds majority, suggests he bridged divides between progressive and traditionalist factions.

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By Popular Demand.
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5 hours ago
News
SCOTUS

Chief Justice Roberts, 70, Dismisses Retirement Speculation.

PULSE POINTS:

❓What Happened: Chief Justice John Roberts announced he is not planning to retire as he feels healthy.

👥 Who’s Involved: Supreme Court Chief Justice John Roberts.

📍 Where & When: Comments made in Buffalo, N.Y., during the 125th anniversary of the U.S. District Court for the Western District of New York.

💬 Key Quote: “I’m going out feet first,” Roberts joked when asked about retirement.

⚠️ Impact: Roberts emphasized the importance of judicial independence amidst calls for impeachment of a federal judge by President Donald J. Trump.

IN FULL:

Supreme Court Chief Justice John Roberts says he has no immediate plans to step down from the bench, citing good health as the primary reason. The 70-year-old Justice shared this during a public event in Buffalo, New York, marking the 125th anniversary of the U.S. District Court for the Western District of New York.

“I’ve sat down with them and said, ‘I want at the appropriate time’—because you don’t always notice that you’re slipping—‘I want the two of you to tell me if it’s time to go,” Roberts recounted, describing a conversation with two friends regarding retirement. He continued: “It was a long pause, and at once, the two of them said, ‘It’s time to go.’ So I said, ‘Alright, never mind.”

When asked whether his retirement could be imminent, the Chief Justice joked, “I’m going out feet first.”

However, the top jurist in the United States did not rule out a departure from the high court entirely. “I say that now. I mean, I’m sure if your health declines, and if you recognize that you’re a burden to the court rather than part of an asset to everybody, then, it’ll be time to go,” Roberts said, although he emphasized that he himself feels “pretty healthy.”

Despite the bravado expressed against retirement, Roberts conceded that there have been a few instances where age hampered the court’s function, but he insisted the justices were able to handle the problems internally without issue. “There have been times when somebody has stayed a little longer than they should, then the other colleagues come, and it’s always really worked out, so I don’t think that’s going to be a problem,” the Chief Justice said.

Notably, the Supreme Court—and Chief Justice Roberts specifically—has been criticized in recent weeks for its hesitancy to stop the ongoing Democratic lawfare efforts against the Trump White House. This has led to allegations that the high court and Roberts have allowed the federal court system to dramatically overreach and assume executive branch powers in contravention of the U.S. Constitution.

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By Popular Demand.
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6 hours ago
William Upton
Breaking
Religion

BREAKING: White Smoke Over the Vatican, New Pope Selected.

PULSE POINTS:

❓What Happened: White smoke has issued from the Sistine Chapel in Vatican City, signaling that the College of Cardinals has chosen a new pontiff to succeed the late Pope Francis.

👥 Who’s Involved: The electing cardinals, the senior cardinal, and the yet-to-be-named new pontiff.

📍Where & When: Vatican City, St. Peter’s Square and the Sistine Chapel, May 8.

⚠️ Impact: The election of a new pope marks a pivotal moment for the Catholic Church, with global attention on the incoming pontiff’s identity and vision, to be revealed shortly.

IN FULL:

The chimney above the Sistine Chapel in the Vatican has emitted “white smoke,” meaning the conclave of cardinals has selected a new pope following the death of Pope Francis. Notably, the pontiff and leader of the Catholic Church was selected on what is believed to be just the fourth ballot cast by the over 130 cardinals gathered in Rome. The speed at which the new pope was chosen likely signals that the successor of Saint Peter is among the more prominent names believed to be in contention at the start of the conclave earlier this week.

While the Catholic faithful celebrate the selection of a new leader for the Church, the pope’s identity is not yet known. The new pontiff will appear and address the crowd gathered at the Vatican in the next hour.

The National Pulse previously reported that a number of cardinals were in contention for the papacy, including Hungarian Cardinal Peter Erdo, the Democratic Republic of the Congo’s Cardinal Fridolin Ambongo, Cardinal Mario Grech from Malta, the Vatican’s Secretary of State Cardinal Pietro Parolin, Cardinal Pierbattista Pizzaballa of Jerusalem, Cardinal Luis Tagle of the Philippines, Cardinal Matteo Zuppi from Italy, Sweden’s Cardinal Anders Arborelius of Stockholm, and Cardinal Robert Sarah of Guinea.

This story is developing…

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By Popular Demand.
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6 hours ago
Jack Montgomery
Economy
News

Trump Economy Gains Strength as Unemployment Claims Fall Even More Than Expected.

PULSE POINTS:

❓What Happened: New applications for unemployment benefits in the U.S. fell by 13,000 to 228,000 last week—2,000 more than projected.

👥 Who’s Involved: The U.S. Labor Department, President Donald J. Trump.

📍 Where & When: United States, week ending May 3.

⚠️ Impact: President Trump’s detractors have been attempting to stoke a frenzy over his America First tariff agenda, but, so far, the American economy remains fundamentally strong.

IN FULL:

The U.S. labor market showed resilience as initial claims for unemployment benefits fell more than anticipated last week, according to data released by the Labor Department. For the week ending May 3, claims dropped by 13,000 to a seasonally adjusted 228,000, surpassing economists’ expectations of 230,000. This decline reverses the previous rise attributed to school spring breaks in New York, temporarily pushing claims to a two-month high.

The economic good news comes despite globalist criticism of President Donald J. Trump’s America First tariffs, particularly the significant increase on Chinese imports to 145 percent. Anti-tariff economists have been persistently warning that negative sentiments observed in surveys—likely driven by the media clamoring over a hypothetical tariff-driven downturn—could be set to translate into negative employment data. Still, the above-expectations fall in new unemployment claims suggest market jitters are yet to translate into meaningful job losses.

The Trump White House, which imposed tariffs to level the playing field for American producers and workers competing against sweatshop economies where governments use currency manipulation and state subsidies to gain an unfair advantage, says they are already reaping dividends. They cite significant investments in American manufacturing by tech giant Nvidia and retail giant Walmart, among others, as evidence that the import levies are encouraging businesses to reshore production.

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By Popular Demand.
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7 hours ago
William Upton
Economy
UK

BREAKING: Trump Seals US-UK Trade Deal.

PULSE POINTS:

❓What Happened: A bilateral trade deal between the United States and the United Kingdom was signed on Thursday, May 8, 2025.

👥 Who’s Involved: President Donald J. Trump and Prime Minister Sir Keir Starmer.

📍 Where & When: Announcement from the Oval Office on Thursday.

💬 Key Quote: “Both countries agree that economic security is national security,” said President Trump, noting that the deal will “bring the United Kingdom into economic security alignment with the United States.”

⚠️ Impact: The deal is seen as a significant move following President Trump’s ‘Liberation Day’ tariffs in the U.S. and Brexit in the United Kingdom, with potential implications for UK-EU relations.

IN FULL:

The United States and the United Kingdom signed a significant trade agreement on Thursday, the first bilateral deal since President Donald J. Trump imposed tariffs on foreign goods in April. Before the signing, President Trump alluded to the agreement, saying the White House would be making a “major” announcement that would be “very big and exciting” for both the U.S. and the UK.

President Trump said the deal will eliminate many tariff and non-tariff barriers to American goods entering the British market, and vice versa, “bring[ing] the United Kingdom into economic security alignment with the United States.” The America First leader’s words suggest his administration is looking to create something of an economic bloc on the world stage, comprised of like-minded allies, as opposed to a system of general free trade, including countries like Communist China, which is notorious for underhanded commercial practices such as currency manipulation and industrial espionage.

Prime Minister Sir Keir Starmer said it was “a really fantastic, historic day,” paying tribute to President Trump and his negotiating team and noting the symbolism of the deal being signed of Victory in Europe (VE) Day, when the United States, the British Empire, and other allies declared victory over Nazi Germany. 

Notably, the trade agreement is only possible because of the United Kingdom’s Brexit vote and subsequent departure from the European Union (EU). This move has given British leaders greater maneuverability on the international stage, with the EU controlling trade policy for all of its member states and barring them from making their own bilateral deals.

The British-American agreement is a critical step for both nations, as the two countries are each other’s largest source of foreign direct investment. Additionally, the U.S. is the top export market for British goods, and the UK is the seventh-largest export destination for U.S. exports—with commerce likely to be further uplifted by the new trade agreement.

Last month, U.S. Vice President J.D. Vance signalled that a trade deal with the United Kingdom was a priority for the Trump White House. The Vice President stated: “There’s a real cultural affinity. And of course, fundamentally, America is an Anglo country. I think there’s a good chance that, yes, we’ll come to a great agreement that’s in the best interest of both countries.”

President Trump is set to visit the United Kingdom in September for a second state visit. It is widely expected that the British-American trade deal will serve as a catalyst for other nations to expedite their negotiations with the U.S. and pressure the EU to make concessions, so its former member state does not gain too much of a competitive advantage.

WATCH:

Jack Montgomery contributed to this report.

This story is developing…

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