Donald Trump says today will be a "very big and exciting day" for the US and UK with a trade deal announcement imminent.
The two nations have been locked in make-or-break talks for weeks. The unpredictable US President set tongues racing overnight when he unexpectedly announced on social media that a deal with a "big, highly respected country" was coming.
He is set to give a press conference in the White House at around 3pm UK time. In a follow-up post on the Truth Social platform Trump wrote: "This should be a very big and exciting day for the United States of America and the . Press Conference at The Oval Office, 10A.M. Thank you!"
The Prime Minister is due to make a statement later after Mr Trump teased the announcement. Mr Trump's first post is understood to have taken No10 by surprise, as Mr Starmer had been set to be focusing on VE Day commemorations.
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Speaking to the London Defence Conference, Mr Starmer said: "Talks with the US have been ongoing and you'll hear more from me about that later today. But make no mistake, I will always act in our national interest, for workers, businesses and families, to deliver security and renewal for our country."
The Government has been pursuing a deal with the US to reduce the impact of sweeping tariffs imposed by Mr Trump last month. The unwelcome measures included a 10% levy on all UK exports and a 25% charge on steel, aluminium and cars.
In an Chancellor said tackling the tariffs was a priority, but vowed to walk away if the deal was not right. She said ahead of make-or-break talks in Washington DC: "We're not going to rush into something that isn't the right thing for Britain. But we are intensely negotiating with our American counterparts to get a better deal for British industry and British jobs, and that is our focus at the moment."
She said the Government's red lines include food standards and changes to the Online Safety Act, which the US adminstration believe restrict American tech giants. Ministers faces calls to let MPs vote on the terms of the deal.
Lib Dem deputy leader Daisy Cooper said: "A good trade deal with the US could bring huge benefits, but are deeply concerned that it may include measures that threaten our , undermine our farmers or give tax cuts to US tech billionaires.
"If the Government is confident the agreement it has negotiated with Trump is in Britain's national interest, it should not be afraid to bring it before MPs."
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