The president this week announced "Victory" days for November 11 and May 8, but noted "we will not be closing the Country" on the holidays.

President Donald Trump posted on Truth Social earlier this week that he is designating two dates, including May 8 as national holidays to honor the U.S. winning both World Wars. He followed that up with a proclamation declaring May 8 as "Victory Day for World War II.

President Donald Trump announced two new national holidays on Monday, including one that would fall just days later on Thursday, May 8. Here's what you need to know about it. On Monday, Donald Trump took to social media to announce he was establishing two new national holidays,

Trump imposed "reciprocal" tariffs on nearly all other countries, but quickly paused them to allow time to negotiate trade agreements with the United States.

Washington celebrates that "it has been possible because we blew up the whole system," while London considers it a "start," but not the end, and resists accepting a relaxation of phytosanitary standards.

Economic analyst Peter Schiff wrote on X: "Investors are excited about Trump's trade deal with the U.K., our first victory in the trade war. The effective tariff rate on U.S. goods entering the U.K. is 0.5 percent. So, from the American perspective, what we stand to win from the deal is relief from Trump's tariffs on U.K. imports."