Trump to Announce ‘Major Trade Deal’ With Key US Partner Thursday

The president says the deal with the ‘highly respected country,’ will be the first of many.

President Donald Trump speaks during a swearing-in ceremony for new U.S. Ambassador to China David Perdue in the Oval Office at the White House on May 7, 2025. Anna Moneymaker/Getty Images

President Donald Trump said he would hold a news conference on Thursday morning to unveil what he described as a major trade deal.

The media event will concern a “major trade deal with representatives of a big, and highly respected, country. The first of many!!!” he wrote in capital letters on Truth Social on Wednesday.