{"id":23815,"date":"2025-04-16T04:23:14","date_gmt":"2025-04-16T04:23:14","guid":{"rendered":"https:\/\/www.europesays.com\/uk\/23815\/"},"modified":"2025-04-16T04:23:14","modified_gmt":"2025-04-16T04:23:14","slug":"ftse-100-soars-as-jd-vance-hints-at-good-chance-of-uk-us-trade-deal-in-win-for-brexit-britain","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/uk\/23815\/","title":{"rendered":"Ftse 100 soars as JD Vance hints at ‘good chance’ of UK-US trade deal in win for Brexit Britain"},"content":{"rendered":"

The Ftse 100 has surged<\/a> today after US Vice President JD Vance suggested there was a “good chance” of Britain and the US signing a “great” trade deal.<\/p>\n

Vance’s comments come amid ongoing turmoil caused by President Donald Trump’s tariff war,<\/a> which has seen the White House impose fluctuating taxes on imports on other countries.<\/p>\n

The UK’s flagship stock index rose as much as 1.1 per cent following Vance’s comments.<\/p>\n

Notably, the mid-cap Ftse 250, which is more focused on the UK’s domestic market, also saw gains of up to 1.2 per cent after the Vice President signalled a favourable economic partnership. <\/p>\n

\"JD<\/p>\n

JD Vance has hinted a UK-US trade deal is on the cards <\/p>\n

GETTY \/ PA <\/p>\n

“The Ftse 100 made a strong start to proceedings on Tuesday after comments from US Vice President JD Vance that there’s a ‘good chance’ of a UK-US trade deal,” said AJ Bell<\/a> investment director Russ Mould.<\/p>\n

Vance pointed to the ongoing diplomatic efforts between the two nations, stating “we’re certainly working very hard with Keir Starmer’s Government” to secure an agreement.<\/p>\n

The Vice President also highlighted Trump’s personal connection to Britain as a key factor in getting a trade deal across the table.<\/p>\n

“The President really loves the United Kingdom,” he told UnHerd. “He loved the Queen. He admires and loves the King. It is a very important relationship.”<\/p>\n

\"JD<\/p>\n

JD Vance has spoken negatively of the Labour party in the past <\/p>\n

TUCKER CARLSON NETWORK<\/p>\n

Vance emphasised that Trump’s interest goes beyond business ties. “There’s a real cultural affinity. And of course, fundamentally America is an Anglo country,” he said.<\/p>\n

The VP added: “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”.<\/p>\n

Britain was hit with a 10 per cent tariff under Trump’s “liberation day” tariffs, in addition to the President’s 25 per cent duties on steel and aluminium<\/a>, and cars and car parts.<\/p>\n

However, markets were lifted after Trump indicated he could amend tariffs on the car industry. The President said he was considering a modification to the 25 per cent tariffs imposed on foreign auto and auto parts imports from Mexico, Canada and other places.<\/p>\n

This follows Friday’s move to exempt smartphones, computers and some other electronics from his “reciprocal” tariffs.<\/p>\n

Carmaking stocks across the Ftse 350 rose as much as 2.9 per cent, with manufacturers and suppliers across Europe up as much as 3.2 per cent.<\/p>\n

LATEST DEVELOPMENTS:<\/strong><\/p>\n

\"DonaldDonald Trump shows off his tariff boardREUTERS<\/p>\n

“Suggestions there might also be a softening of tariffs on the motoring sector also helped lift the mood with names which have sold off most heavily on US trade policy like Rolls-Royce bouncing back,” noted Mould.<\/p>\n

Housebuilders were also in demand as slowing UK wage growth raised hopes for a cut to interest rates.<\/p>\n

This would in turn boost the affordability of mortgages, according to market analysts.<\/p>\n

Not all sectors saw gains, however. Shares in British luxury brand Burberry fell after French counterpart Louis Vuitton Moet Hennessy reported lower than expected revenue.<\/p>\n","protected":false},"excerpt":{"rendered":"The Ftse 100 has surged today after US Vice President JD Vance suggested there was a “good chance”…\n","protected":false},"author":2,"featured_media":23816,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5226],"tags":[802,748,1700,2000,299,5187,1699,4884,601,807,528,1232,285,512,16,3106,15,978,2862],"class_list":{"0":"post-23815","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-brexit","8":"tag-brexit","9":"tag-britain","10":"tag-economy","11":"tag-eu","12":"tag-europe","13":"tag-european","14":"tag-european-union","15":"tag-great-britain","16":"tag-jd-vance","17":"tag-keir-starmer","18":"tag-labour-party","19":"tag-money","20":"tag-politics","21":"tag-sgg","22":"tag-uk","23":"tag-uk-politics","24":"tag-united-kingdom","25":"tag-us","26":"tag-us-politics"},"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@uk\/114345738473616836","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/23815","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/comments?post=23815"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/23815\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media\/23816"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media?parent=23815"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/categories?post=23815"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/tags?post=23815"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}