Final details are under wraps but Trump promised the deal provides billions of dollars in access for U.S. agricultural products like beef and ethanol.

President Donald Trump hailed what he said would be "a very big and exciting day" for the U.S. and U.K. on Thursday after earlier touting a "MAJOR TRADE DEAL" that the countries are due to announce. The two sides are expected to outline an agreement on "heads of terms" for an eventual full trade deal,

President Donald Trump agreed on Thursday to cut tariffs on U.K. autos, steel and aluminum in a planned trade deal but played down the possibility of other nations getting similarly favorable terms on his import taxes,