- President Trump visits the United Kingdom to secure technological trade agreements
- Big Tech leaders including Openais Sam Altman also visit
- AI, quantum calculation, semiconductors and more are likely to be covered
A new US-UK-Tech pact will be signed during President Trump’s visit to London this week focusing on new technologies such as AI and Quantum Computing as well as semiconductors, telecommunications and space.
The change is set to come not only as the US president visits Britain, but also important influences in Big Tech, including Nvidia Managing Director Jensen Huang, Openai CEO Sam Altman and Blackstone CEO Stephen Schwarzman.
Although the extent of the agreement has not yet been confirmed, it is believed that it will be placed as an effort to surpass China in geopolitically affected ongoing tech and trade war.
USA and UK to beat Technical Agreement
The British Parliament described the agreement’s goal as to end sectoral security, secure supply chains and lead US investments to the UK.
Currently, the United States is the UK’s largest single trading partner, accounting for 18% of British trade (estimated at £ 315 billion in 2024). The United Kingdom exports an estimated 196 billion pounds to the United States and accounts for approx. 2% of the total national income with mutual trade investments totaling 1.2 trillion pounds.
Today’s financial wealth agreement is a non-binding agreement where Britain secured customs reductions, but some trade agreements are still worse than before-trump-era agreements and even some EU agreements.
For example, although car rigs had been cut from 25% to 10%, there is a quota of 100,000 vehicles in place.
Commons Business and Trade Committee President, Rt Hon Liam Byrne MP, praised British Prime Minister Sir Keir Stormer for securing the agreement: “President Trump’s State Visit is not just Pageant. It is a test of whether Britain and America build a more secure, richer future – or remain trapped in Told matches.”
