🇺🇸⚡️President Donald Trump is expected to announce a major trade deal with the United Kingdom on Thursday, May 8, 2025, at 10:00 a.m. EDT during a press conference in the Oval Office. The announcement follows his earlier tease on Truth Social, where he described the deal as involving a “big, and highly respected, country,” marking it as the “first of many” such agreements.

According to reports from Reuters and The Guardian, the deal is anticipated to include provisions for reducing tariffs on British exports, such as steel and automobiles, in exchange for the UK lowering its Digital Services Tax (DST) on U.S. tech companies. The British government has been under pressure to address the DST, which imposes a 2% levy on large digital companies, generating approximately £800 million annually.

This trade agreement would be the first significant deal since President Trump imposed widespread tariffs on U.S. trading partners in April, including a 10% baseline tariff on most countries and a 25% import fee on steel, aluminum, and automobiles. Britain was affected by these tariffs but did not face the steeper reciprocal rates.

The announcement comes amid ongoing global trade tensions, including a planned U.S.-China meeting in Switzerland aimed at resolving the trade war. Trump’s tariff policies have disrupted global markets, prompting concerns over supply chains and economic growth.

For more details, you can read the full article here: https://www.reuters.com/world/us/trump-says-news-conference-be-held-thursday-about-major-trade-deal-2025-05-08/

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🇷🇺🇨🇳⚡️Kremlin spokesman Dmitry Peskov provided details about today’s meeting between Russian President Vladimir Putin and Chinese President Xi Jinping. He emphasized that the tradition of in-depth bilateral discussions would continue, describing the format as a “narrow” one, though he noted that in the context of Russian-Chinese relations, this term might not fully capture the extensive nature of their interactions. Following the initial talks, there will be negotiations between the two delegations, and the leaders are scheduled to have separate tea and lunch sessions, allowing for more personal and focused conversations .

This meeting is part of Xi Jinping’s four-day visit to Russia, coinciding with the country’s Victory Day celebrations. The visit underscores the strengthening of ties between China and Russia, with discussions likely covering various aspects of their strategic partnership .

For more details, you can read the full article here: https://www.theguardian.com/world/2025/may/07/xi-jinping-begins-russia-visit-china-ukrainian-drones-moscow.

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⏺🇮🇱⚡️Israeli websites: The Air Force is deploying helicopters to evacuate wounded people from the southern Gaza Strip and transfer them to Barzilai Hospital in Ashkelon.

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⏺🇵🇰⚡️A state of emergency has been declared in Islamabad, the capital of Pakistan.

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⏺🇮🇳⚡️🇵🇰India considers Pakistan's ongoing military actions an escalation and is responding accordingly, - Indian Foreign Ministry.

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⏺🇵🇰⚡️🇮🇳Senior Pakistani Official: Indian Drone Damage ‘Minimal’

A senior Pakistani security official told The Guardian that the recent damage to Lahore’s air defense system from alleged Indian drone strikes was “minor, more like a scratch,” and that the system remains operational. The official also claimed Pakistan shot down at least 25 Indian drones across Punjab and Sindh provinces.

Full article via The Guardian: https://www.theguardian.com/world/2025/may/08/india-pakistan-kashmir-tensions-airstrike

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⏺🇵🇰⚡️#BREAKING: ‘The [Pakistani] security official said Pakistan had not yet begun its offensive retaliation against India for the missile and drone attacks, but was clear that action would now be taken. “…The offensive response will come now.”…’

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⏺🇮🇳⚡️🇵🇰Strong Indian jet activity reported over Amritsar, Punjab region, India.

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⏺🇵🇰⚡️#BREAKING: Visuals of Pak army movement in Lahore this evening.

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⏺🇮🇳⚡️🇵🇰💥Drone strike in Sukkur & Rahim Yar Pakistan too today.

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⏺🇵🇰⚡️Pakistani Foreign Minister: We are acting responsibly despite provocations and exercising restraint.

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