The Trump administration announced a trade deal with the United Kingdom Thursday in grandiose terms, but with only limited details about what it achieves.

The U.S. and U.K. announced a new trade agreement to lower trade barriers for each country. It’s the first trade agreement since President Trump paused most of his tariffs, in order to negotiate new deals with other countries.

President Trump lauded the agreement as the first with a major trading partner since he imposed blanket tariffs on countries worldwide.