📉 After the Bank of England 🏦 said they were lowering interest rates a little bit, their boss, Andrew Bailey, said they didn't know anything about a new trade deal 📑 coming up.

🗣️ "So I'm talking about this without knowing what's actually in the deal," he said.

👍 "But I think it's really good news, and well done to everyone who worked on it because it will help make things less uncertain."

📦 "The UK 🇬🇧 does a lot of business with other countries 🌍. So what happens with trade rules 📜 and taxes 💸 in other places also affects the UK."

🤝 He also said he hopes the deal between the U.S. 🇺🇸 and the UK 🇬🇧 is just the first of many.

🗨️ "We need lots of trade deals because this is about doing business with the whole world 🌐... I think that would help calm down all the worries about trade rules," he said.

⏳ While we're waiting for more details, let's talk a bit more about Trump's big plans for trade deals 📦. He announced big taxes 📊 on most of the countries the U.S. does business with on April 2 📅, which made the markets go crazy 📉📈 and people worry about a recession ⚠️.

🕒 A few days after that, Trump said he'd wait 90 days ⏳ before putting those taxes into place, to give everyone time to talk 🗣️ and make deals 🤝.

🧑‍💼 Peter Navarro, who gives Trump advice on trade, said they'd make 90 trade deals in 90 days 📝📅.

🤔 But experts who know a lot about trade are wondering if Trump's team can handle talking to so many countries at once.

🗣️ "Getting these deals ready is going to take a lot of serious talking 🗨️," said Wendy Cutler, who used to be a big trade negotiator for the U.S. 🇺🇸. "There's no way they're going to make big, complete deals with all these countries in just three months 📆."

Reported by FazTimes Media.

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