Trump’s Scant UK Deal Shows Limits of Frenzied Trade Strategy

President Donald Trump pitched his trade framework with the UK as a historic achievement, and the first step in his revolutionary effort to overhaul the global economy.

But as the president began revealing specifics of the deal, it became clear it fell short of the “full and comprehensive” agreement he had promised, or the US-UK free-trade pact he pursued during his first term.

Trump had hoped the announcement — pegged to the 80th anniversary of the Allies’ World War II victory in Europe — would reignite confidence in his economic agenda. He carefully stage-managed the ceremony, posting hints to ...