Trump says the US has reached ‘full and comprehensive’ trade agreement with the UK

By: cryptosheadlines|2025/05/08 22:30:02

Airdrop Is Live CaryptosHeadlines Media Has Launched Its Native Token CHT. Airdrop Is Live For Everyone, Claim Instant 5000 CHT Tokens Worth Of $50 USDT. Join the Airdrop at the official website, CryptosHeadlinesToken.com President Donald Trump announced on his Truth Social account Thursday that the United States has reached a “full and comprehensive” trade agreement with the United Kingdom. The announcement, confirmed by both American and British officials, is expected to be formally unveiled by Trump at a 2PM UTC press briefing from the Oval Office.“The agreement with the United Kingdom is a full and comprehensive one that will cement the relationship between the United States and the United Kingdom for many years to come,” said Trump in his social media post. President Donald Trump announced that the United States has reached a trade agreement with the United Kingdom. Source: Donald Trump (Truth Social)The US president called the UK America’s “FIRST” trade partner to reach such a deal under his latest trade initiative. A senior British official, speaking anonymously, has confirmed the deal but provided no further details beyond stating it would be mutually beneficial.Details of the trade agreement with the Trump administration yet to be revealedAccording to the BBC, citing several trade analysts and insiders, the agreement may not yet be finalized. Timothy C. Brightbill, an international trade attorney with Wiley Rein, said what has been announced could simply be the beginning of formal negotiations. “Tariff rates, non-tariff barriers, and digital trade are likely on the agenda,” he added, claiming there are many more difficult issues to be discussed.Talks between the two countries previously involved discussions about reducing British tariffs on US automobiles and agricultural products, and taxes targeting American tech firms operating in the UK.Britain was not among the countries hit with reciprocal tariffs, but due to its trade imbalance favoring US imports, it was affected by America’s global 10% tariff on common goods and a 25% tax on steel and aluminum.British officials have long lobbied for the removal of the steel, aluminum, and automobile levies that are pushing UK manufacturers out of business.British Parliament and business leaders reactWilliam Bain, head of trade policy at the British Chambers of Commerce (BCC), welcomed the deal, explaining that it will bring a “huge sigh of relief” to many of the 50,000 firms the BCC represents. “Firms will want to see a reduction in the 25% tariffs that have hit our steel, aluminium and automotive industries and left them reeling,” Bain said in a statement.He added that Britain will have to make compromises, although businesses are looking for clear timelines and certainty about when tariff relief will materialize. “This must also not be the end of the process, we must continue to push the argument for free and fair trade,” Bain propounded.In the UK Parliament, lawmakers like Conservative MP Mark Pritchard have asked if the deal protects domestic farmers from imported goods such as chlorinated chicken and hormone-fed beef.Lucy Powell, the Leader of the House of Commons, assured MPs that agriculture and food standards were “redlined” in the negotiations. Farming Secretary Steve Reed supported Powell’s claims, saying that protections were in place to prevent British farmers from being undercut on environmental and animal welfare standards.Trump has sought a trade agreement with the UK since his first term in office, especially following Britain’s exit from the European Union. British officials hoped to secure an agreement with the United States to boost their economy post-Brexit and rebalance trade relations weakened by their departure from the EU.Trump believes the UK deal would be just the first of many such agreements. “Many other deals, which are in serious stages of negotiation, to follow!” he wrote online. Ongoing negotiations are also in progress with India, South Korea, Japan, and Vietnam.According to the BBC, after three years of negotiations, British officials confirmed they secured a trade deal with India on Tuesday. That agreement promises to lower tariffs between the two nations and grant UK firms access to India’s financial services sector. Cryptopolitan Academy: Tired of market swings? Learn how DeFi can help you build steady passive income. Register NowSource link

The privacy-focused crypto wallet Mixin announced today the launch of its U-based perpetual contract (a derivative priced in USDT). Unlike traditional exchanges, Mixin has taken a new approach by "liberating" derivative trading from isolated matching engines and embedding it into the instant messaging environment.

Users can directly open positions within the app with leverage of up to 200x, while sharing positions, discussing strategies, and copy trading within private communities. Trading, social interaction, and asset management are integrated into the same interface.

Simplified Trading Experience: No KYC Required, Opening a Position in Five Steps

Based on its non-custodial architecture, Mixin has eliminated friction from the traditional onboarding process, allowing users to participate in perpetual contract trading without identity verification.

The trading process has been streamlined into five steps:

· Choose the trading asset

· Select long or short

· Input position size and leverage

· Confirm order details

· Confirm and open the position

The interface provides real-time visualization of price, position, and profit and loss (PnL), allowing users to complete trades without switching between multiple modules.

Social-Native Trading: Strategy and Execution Completed in the Same Context

Mixin has directly integrated social features into the derivative trading environment. Users can create private trading communities and interact around real-time positions:

· End-to-end encrypted private groups supporting up to 1024 members

· End-to-end encrypted voice communication

· One-click position sharing

· One-click trade copying

On the execution side, Mixin aggregates liquidity from multiple sources and accesses decentralized protocol and external market liquidity through a unified trading interface.

By combining social interaction with trade execution, Mixin enables users to collaborate, share, and execute trading strategies instantly within the same environment.

Referral Mechanism: Non-institutional users can receive up to 60% fee split

Mixin has also introduced a referral incentive system based on trading behavior:

· Users can join with an invite code

· Up to 60% of trading fees as referral rewards

· Incentive mechanism designed for long-term, sustainable earnings

This model aims to drive user-driven network expansion and organic growth.

Self-Custody Architecture and Built-in Privacy Mechanism

Mixin's derivative transactions are built on top of its existing self-custody wallet infrastructure, with core features including:

· Separation of transaction account and asset storage

· User full control over assets

· Platform does not custody user funds

· Built-in privacy mechanisms to reduce data exposure

The system aims to strike a balance between transaction efficiency, asset security, and privacy protection.

A New Path for On-Chain Derivatives

Against the background of perpetual contracts becoming a mainstream trading tool, Mixin is exploring a different development direction by lowering barriers, enhancing social and privacy attributes.

The platform does not only view transactions as execution actions but positions them as a networked activity: transactions have social attributes, strategies can be shared, and relationships between individuals also become part of the financial system.

Regulatory Background

Mixin's design is based on a user-initiated, user-controlled model. The platform neither custodies assets nor executes transactions on behalf of users.

This model aligns with a statement issued by the U.S. Securities and Exchange Commission (SEC) on April 13, 2026, titled "Staff Statement on Whether Partial User Interface Used in Preparing Cryptocurrency Securities Transactions May Require Broker-Dealer Registration."

The statement indicates that, under the premise where transactions are entirely initiated and controlled by users, non-custodial service providers that offer neutral interfaces may not need to register as broker-dealers or exchanges.

About Mixin

Mixin is a decentralized, self-custodial privacy wallet designed to provide secure and efficient digital asset management services.

Its core capabilities include:

· Aggregation: integrating multi-chain assets and routing between different transaction paths to simplify user operations

· High liquidity access: connecting to various liquidity sources, including decentralized protocols and external markets

· Decentralization: achieving full user control over assets without relying on custodial intermediaries

· Privacy protection: safeguarding assets and data through MPC, CryptoNote, and end-to-end encrypted communication

Mixin has been in operation for over 8 years, supporting over 40 blockchains and more than 10,000 assets, with a global user base exceeding 10 million and an on-chain self-custodied asset scale of over $1 billion.

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Mixin has launched USTD-margined perpetual contracts, bringing derivative trading into the chat scene.