The United Kingdom will purchase $10 billion of Boeing planes, U.S. Commerce Secretary Howard Lutnick said on Thursday during the announcement of a bilateral trade deal between the UK and the United States,

WASHINGTON (AP) — President Donald Trump has agreed to cut tariffs on U.K. autos, steel and aluminum in a planned trade deal with Britain, which would buy more American beef and streamline its customs process for goods from the United States.

Trump said this would boost U.S. exports of beef, ethanol and other goods — though details on food standards still need to be worked out. The 10% U.S. tariff on imports of most British goods remains.

The Trump administration plans to accept a luxury Boeing 747-8 plane as a donation from the Qatari royal family that will be upgraded to serve as Air Force One, which would make it one of the biggest foreign gifts ever received by the U.S. government, several American officials with knowledge of the matter said.

At a White House press conference confirming a trade deal between the US and United Kingdom, Secretary of Commerce Howard Lutnick hinted at a new $10 billion order for Boeing (BA) planes from UK officials.

British Airways parent IAG is poised to order about 30 Boeing 787 Dreamliner aircraft, Bloomberg News reported on Thursday, citing people familiar with the matter.

It comes as Trump has defended reports the Qatari royal family will gift a $400 million Boeing jet to the president to use as the new Air Force One

Boeing (BA) is reaping the early rewards of the Trump administration’s first tariffs-era trade deal between the U.S. and the United Kingdom. A major order from British Airways (IAG)’ parent ...

U.S. stocks rallied Thursday as President Trump sealed his first trade deal with the UK benefiting big companies including Boeing. This as trade talks with China continue. Separately, the Vatican announced the first ever American Pope,