The President's Daily Brief
PDB Afternoon Bulletin | May 8th, 2025: Trump Announces First Trade Deal Ahead Of Critical China Summit & Violent Antisemitic Protests Return To Columbia University
Thu, 08 May 2025
In this episode of The PDB Afternoon Bulletin: First, President Donald Trump inks a new trade deal with Britain, the first major agreement reached since announcing his plans to impose sweeping reciprocal tariffs on U.S. trading partners. The announcement comes just ahead of pivotal talks between the U.S. and China set to take place in Geneva this weekend. Later in the show—violent, antisemitic protests have returned to Columbia University, where police arrested dozens of students Wednesday night after they seized the school's main library in one of the largest and most chaotic demonstrations since last year’s pro-Palestinian campus uprisings. To listen to the show ad-free, become a premium member of The President’s Daily Brief by visiting PDBPremium.com. Please remember to subscribe if you enjoyed this episode of The President's Daily Brief. YouTube: youtube.com/@presidentsdailybrief Lean: Visit https://TakeLean.com & use code pb20 for 20% off Birch Gold: Text PDB to 989898 and get your free info kit on gold True Classic: Upgrade your wardrobe and save on @trueclassic at trueclassic.com/PDB ! #trueclassicpod Learn more about your ad choices. Visit megaphone.fm/adchoices
Chapter 1: What is the new trade deal between the US and the UK?
Es ist Donnerstag, der 8. Mai. Willkommen bei der PDB-Afternoon Bulletin. Ich bin Mike Baker, eure Augen und Ohren auf der Welt-Stage. Okay, lasst uns kurz reden. Erstens. Präsident Trump verabschiedet einen neuen Handelsvertrag mit Britannien. Der erste große Vertrag hat er erreicht, seit er seine Pläne an den US-Tradingpartnern vorgelegt hat, reizende Tarife aufzunehmen.
Die Erkennung kommt kurz vor den pivoten Gesprächen zwischen den USA und China, die diese Woche in Geneva stattfinden werden.
Later in the show, violent anti-Semitic protests have returned to Columbia University, where police arrested dozens of students Wednesday night after they seized the school's main library in one of the largest and most chaotic demonstrations since last year's pro-Palestinian campus uprisings.
You have to ask, are these protests that spring up on campuses, are they just grassroots spontaneous events or are there national and international organizations behind them that provide funding and communications and logistical support? Really? You have to ask? I mean, is the Pope Catholic? Ooh, speaking of which, we have a new Pope. We'll cover that in detail in tomorrow morning's PDB.
Alright, let's jump into today's afternoon spotlight. We'll begin with a major economic update, as President Trump inks what he called a, quote, breakthrough trade agreement with the United Kingdom, the first major deal reached since the President triggered a global trade war through his sweeping tariff agenda.
The agreement, announced Thursday morning, establishes a new framework for trade between the US and the UK, though the deal is not yet finalized, with officials saying the finer details will be worked out in the coming weeks.
The trade deal will leave in place a 10% US baseline tariff on British imports, while the UK will lower its baseline tariffs on US goods from 5.1% to 1.8%, according to a report from Reuters. The US will also drop import taxes on British steel and aluminum or aluminium from 25% to zero and reduce the 27.5% tariff on British automobiles to 10% for a quota of 100,000 vehicles.
That's almost the exact number of cars exported by Britain to the US last year. Britain in turn has agreed to drop tariffs on some $700 million in US ethanol imports from 19% to 0% in a major win for the agricultural sector. They also agreed to increase market access for some $250 million worth of US beef, poultry and other farm products, as well as soft drinks, cereal and other goods.
Zudem sagte Bundeskommissar Howard Lutnick, dass die Vereinigten Königskräfte in den USA 10-Billionen-Dollar-Ausgabe von Boeing-Fahrzeugen verkaufen, und dass die Vereinigten Königskräfte für Rolls-Royce-Jet-Motoren freiwillige Importe erlauben würden. Details über andere kritische Sektoren, wie z.B.
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Chapter 2: Why are trade talks with China significant?
Chapter 3: What caused the protests at Columbia University?
You have to ask, are these protests that spring up on campuses, are they just grassroots spontaneous events or are there national and international organizations behind them that provide funding and communications and logistical support? Really? You have to ask? I mean, is the Pope Catholic? Ooh, speaking of which, we have a new Pope. We'll cover that in detail in tomorrow morning's PDB.
Alright, let's jump into today's afternoon spotlight. We'll begin with a major economic update, as President Trump inks what he called a, quote, breakthrough trade agreement with the United Kingdom, the first major deal reached since the President triggered a global trade war through his sweeping tariff agenda.
Chapter 4: How does the new trade agreement affect US-British relations?
The agreement, announced Thursday morning, establishes a new framework for trade between the US and the UK, though the deal is not yet finalized, with officials saying the finer details will be worked out in the coming weeks.
The trade deal will leave in place a 10% US baseline tariff on British imports, while the UK will lower its baseline tariffs on US goods from 5.1% to 1.8%, according to a report from Reuters. The US will also drop import taxes on British steel and aluminum or aluminium from 25% to zero and reduce the 27.5% tariff on British automobiles to 10% for a quota of 100,000 vehicles.
Chapter 5: What is the impact of the trade deal on tariffs and exports?
That's almost the exact number of cars exported by Britain to the US last year. Britain in turn has agreed to drop tariffs on some $700 million in US ethanol imports from 19% to 0% in a major win for the agricultural sector. They also agreed to increase market access for some $250 million worth of US beef, poultry and other farm products, as well as soft drinks, cereal and other goods.
Zudem sagte Bundeskommissar Howard Lutnick, dass die Vereinigten Königskräfte in den USA 10-Billionen-Dollar-Ausgabe von Boeing-Fahrzeugen verkaufen, und dass die Vereinigten Königskräfte für Rolls-Royce-Jet-Motoren freiwillige Importe erlauben würden. Details über andere kritische Sektoren, wie z.B.
UK-Pharmazeutik-Importe, waren unbekannt, aber eine White-House-Faktschicht sagte, dass Maßnahmen gemacht werden würden, um eine sichere Suppleschiene für Pharma-Produkte zu schaffen.
All told, the White House said the new trade deal will create $5 billion in new annual export opportunities for American producers, while the 10% baseline tariff will generate, according to the report, some $6 billion in new annual revenue for the U.S. President Trump held it as a historic breakthrough, saying, "...it opens up a tremendous market for us.
This is now turning out to be, really, a great deal for both countries." British Prime Minister Keir Starmer, meanwhile, called it a, quote, really fantastic historic day, adding, quote, this is going to boost trade between and across our countries. It's going to not only protect jobs, but create jobs, opening market access, end quote.
As I noted, however, other specifics of the new trade arrangement still need to be hammered out. At a press conference Thursday morning in the Oval Office, President Trump said, quote, the final details are being written up in the coming weeks. We'll have it all very conclusive.
While the agreement is certainly an encouraging sign, we should note that the US and UK were already discussing a new economic relationship before Trump's rollout of sweeping reciprocal tariffs in early April, which he later paused for 90 days. Es ist auch wert zu erwähnen, dass die USA eines der wenigen Länder sind, mit denen die USA ein Defizit nicht ausüben.
Im Jahr 2024 hatte die USA einen Verlust von ungefähr 12 Milliarden Dollar mit Britannien, und es bleibt ein wichtiger Markt für US-Exporte von Öl und Gas. Investoren reagierten positiv auf die News, signalisierend ihre Hoffnung, dass der Deal mit der UK die Tür für die White House öffnen wird, um frische Verträge mit anderen Ländern zu negotieren.
Alle großen US-Stockindexe rallierten nach dem Erkennung, mit dem Dow Jones-Industrie-Wert über 600 Punkte. Der Breakthrough-Vertrag mit der UK kommt kurz vor den kritischen Vertragsgesprächen zwischen den USA und China, dieses Wochenende, den ersten direkten Vertragsgesprächen, seit der Tarifwahl letzten Monats begann.
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Chapter 6: How is True Classic redefining men's fashion?
Coming up next, violent anti-Israel protests return to Columbia University. That's not a surprise. Where police arrested dozens of students Wednesday night after they seized the school's main library. On a positive note, it might have been the first time that any of these gormless halfwits saw the inside of the library. I'll be right back. Hey, Mike Baker hier. Let's talk fashion.
Specifically, let's talk dude style, shall we? I mean, if you're looking to upgrade your look, fellas, the only company that you need, I'm here to tell you, is True Classic. True Classic has one mission, to make sure guys look good and feel even better. They've nailed fit, feel and price across your entire wardrobe. Not just tees, but hoodies, jeans and active wear.
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True Classic offers a fit that's snug where you want it and relaxed where you need it. No weird bunching – ooh, nobody needs bunching – no awkward tight spots, you don't need those. Just a clean, effortless fit that works. Forget overpriced designer nonsense and skip the cheap throwaways. True Classic delivers premium essentials built for real life.
Grab yours at Target or Costco or head to trueclassic.com slash pdb today. Mike Baker hier. Let's talk dieting and weight loss. Right? I know. Favorite topics for all. Now, are you a yo-yo dieter? Have you heard that term before? I suspect you have and you know what it means. You diet and you lose weight, but you gain it all back.
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Let me get you started with 20% off when you enter code PDB20 at TakeLean.com. That's code PDB20 at TakeLean.com. Welcome back to the Afternoon Bulletin.
More than 100 anti-Israel protesters stormed Columbia University's library Wednesday night, sending hundreds of students scrambling for safety in one of the most disruptive campus demonstrations since last year's Gaza War protests, resulting in dozens of arrests.
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