Jack Crivici-Kramer & Nick Martell

was pretty much TBD. Yeah, some general agreements were made, but the specific language, it does still matter. For example, the statement from the UK said that British Steel will now ship to the U.S. tariff-free, but the U.S. statement about the same trade deal did not mention anything about that. Yeah, in other words, to add it all up, nothing is signed yet.

was pretty much TBD. Yeah, some general agreements were made, but the specific language, it does still matter. For example, the statement from the UK said that British Steel will now ship to the U.S. tariff-free, but the U.S. statement about the same trade deal did not mention anything about that. Yeah, in other words, to add it all up, nothing is signed yet.

What was announced yesterday is like a non-binding term sheet. Right. Details are still to be ironed out. Yeah, it's like a save the date versus the official invite. Great analogy. for all the fiancés out there. Also, Trump clarified that the new 10% tariff on everything else from the United Kingdom, that still remains in place. Now, the key context to understand about the U.S. and U.K.

What was announced yesterday is like a non-binding term sheet. Right. Details are still to be ironed out. Yeah, it's like a save the date versus the official invite. Great analogy. for all the fiancés out there. Also, Trump clarified that the new 10% tariff on everything else from the United Kingdom, that still remains in place. Now, the key context to understand about the U.S. and U.K.

What was announced yesterday is like a non-binding term sheet. Right. Details are still to be ironed out. Yeah, it's like a save the date versus the official invite. Great analogy. for all the fiancés out there. Also, Trump clarified that the new 10% tariff on everything else from the United Kingdom, that still remains in place. Now, the key context to understand about the U.S. and U.K.

trade deal, this was the easy one. Yeah, the U.S. and the U.K. were already historic allies. This is our buddies hanging with our buddies. We describe it as the special relationship. Yeah, like we both speak English, we both love sandwiches, and we both have a deep mutual appreciation for the actor Michael Caine. Plus... The U.S. already has a trade surplus with the U.K.

trade deal, this was the easy one. Yeah, the U.S. and the U.K. were already historic allies. This is our buddies hanging with our buddies. We describe it as the special relationship. Yeah, like we both speak English, we both love sandwiches, and we both have a deep mutual appreciation for the actor Michael Caine. Plus... The U.S. already has a trade surplus with the U.K.

trade deal, this was the easy one. Yeah, the U.S. and the U.K. were already historic allies. This is our buddies hanging with our buddies. We describe it as the special relationship. Yeah, like we both speak English, we both love sandwiches, and we both have a deep mutual appreciation for the actor Michael Caine. Plus... The U.S. already has a trade surplus with the U.K.

We buy more from them than they buy from us. The biggest thing that Britain has exported to us, frankly, is probably the Beatles, Jack. I thought you were going to say something from the colonial era. But yeah, let's go with the Beatles. Let's roll with the Beatles. Adele, just unsubscribe from the show.

We buy more from them than they buy from us. The biggest thing that Britain has exported to us, frankly, is probably the Beatles, Jack. I thought you were going to say something from the colonial era. But yeah, let's go with the Beatles. Let's roll with the Beatles. Adele, just unsubscribe from the show.

We buy more from them than they buy from us. The biggest thing that Britain has exported to us, frankly, is probably the Beatles, Jack. I thought you were going to say something from the colonial era. But yeah, let's go with the Beatles. Let's roll with the Beatles. Adele, just unsubscribe from the show.

So President Trump described this deal as historic three times, and British Prime Minister Keir Starmer described it as historic two times. But honestly... It really doesn't move the needle that much. Yeah, Jack, why don't you whip up an example for us over there? The British said yesterday that a British airline would soon announce a purchase of Boeing airplanes in the amount of $10 billion.

So President Trump described this deal as historic three times, and British Prime Minister Keir Starmer described it as historic two times. But honestly... It really doesn't move the needle that much. Yeah, Jack, why don't you whip up an example for us over there? The British said yesterday that a British airline would soon announce a purchase of Boeing airplanes in the amount of $10 billion.

So President Trump described this deal as historic three times, and British Prime Minister Keir Starmer described it as historic two times. But honestly... It really doesn't move the needle that much. Yeah, Jack, why don't you whip up an example for us over there? The British said yesterday that a British airline would soon announce a purchase of Boeing airplanes in the amount of $10 billion.

Okay, but here's why that isn't exactly historic. That's a fairly common occurrence. British Airways already owns 100 Boeings, and they make big Boeing purchases basically every five years. Still, Jack and I should point out, this is a win to celebrate because it's a de-escalation of the trade war. It's a movement toward trade peace and away from trade hostility. And you know what?

Okay, but here's why that isn't exactly historic. That's a fairly common occurrence. British Airways already owns 100 Boeings, and they make big Boeing purchases basically every five years. Still, Jack and I should point out, this is a win to celebrate because it's a de-escalation of the trade war. It's a movement toward trade peace and away from trade hostility. And you know what?

Okay, but here's why that isn't exactly historic. That's a fairly common occurrence. British Airways already owns 100 Boeings, and they make big Boeing purchases basically every five years. Still, Jack and I should point out, this is a win to celebrate because it's a de-escalation of the trade war. It's a movement toward trade peace and away from trade hostility. And you know what?

It also gives a path for other countries to follow, although it will be a little bit harder with some non-ally countries out there. Like China. And that's why we think it is a Ron Weasley trade deal. It's not perfect. It's not historic like Harry Potter, but hey, he's still a good guy. It's still a good thing, right, Matt? It's a stretch, dude. I don't know. Ron's going to like that analogy.

It also gives a path for other countries to follow, although it will be a little bit harder with some non-ally countries out there. Like China. And that's why we think it is a Ron Weasley trade deal. It's not perfect. It's not historic like Harry Potter, but hey, he's still a good guy. It's still a good thing, right, Matt? It's a stretch, dude. I don't know. Ron's going to like that analogy.

It also gives a path for other countries to follow, although it will be a little bit harder with some non-ally countries out there. Like China. And that's why we think it is a Ron Weasley trade deal. It's not perfect. It's not historic like Harry Potter, but hey, he's still a good guy. It's still a good thing, right, Matt? It's a stretch, dude. I don't know. Ron's going to like that analogy.