An American born Cardinal is chosen as the next pope, the Trump administration signs a trade deal with the United Kingdom, and a Daily Wire investigation uncovers fraud in an African Aid group. Get the facts first with Morning Wire.Vanta: Get $1,000 off Vanta at https://vanta.com/morningwire
Chapter 1: Who is the new American Pope?
The world has a new pope, the first American in history, Pope Leo XIV, who blessed elated worshipers celebrating in St. Peter's Square.
Peace be with you all.
What do we know about the Chicago-born pontiff?
I'm Daily Wire executive editor John Bickley with Georgia Howe. It's Friday, May 9th, and this is Morning Wire.
Trump announces a massive trade deal with the UK, sending markets soaring.
There won't be any red tape.
Things are going to move very quickly both ways. And a Daily Wire investigation finds that an African aid group funneled taxpayer dollars to friends, co-workers, and even themselves.
Thanks for waking up with Morning Wire. Stay tuned. We have the news you need to know.
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Chapter 2: What are the details of the trade deal with the UK?
The White House says that will result in billions of dollars in the pockets of American farmers and ranchers. The Brits also agreed to purchase $10 billion of American Boeing planes in exchange for the US eliminating all tariffs on Rolls-Royce engines and other parts.
And of course, tech stocks skyrocketed Thursday on the news that the British had agreed to eliminate a digital tax that had been impacting American tech companies operating in the country.
Right, so a big jump in the markets yesterday. Now, bigger picture, what does this mean for other future deals?
Well, the president did hint that he was, quote, very close on numerous deals with other countries. At that point, he said Treasury Secretary Scott Besant would soon travel to Switzerland for formal trade negotiations with China.
He also said that he would not be taking a piecemeal approach with the rest of the countries in Europe, and instead would look to negotiate a broader deal with the European Union as a whole. And it's worth noting, in a clear attempt to maintain leverage for future negotiations, President Trump said that not every country can expect to get tariffs as low as the ones that Britain just secured.
Have a listen.
That's a low number. They made a good deal. Many, some will be much higher because they have massive trade surpluses and, you know, in many cases they didn't treat us right. One thing with UK, they always treated us with great respect. They treated us with great respect. The template of 10 is probably the lowest.
Later on, Daily Wire White House reporter Mayor Margaret Olihan asked the president if this deal included assurances that the British would do more to protect freedom of speech and freedom of religion in their country.
Was there any assurances that you guys got on that front?
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