Trump’s UK Ambassador Stands to Benefit From New Trade Deal

Last week, Donald Trump’s UK ambassador, Warren Stephens, helped negotiate a trade deal between the UK and the US. Stephens holds shares worth hundreds of millions of dollars in key sectors that stand to benefit from the agreement.

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President Donald Trump listens as Warren Stephens, US ambassador to the UK (second from left), speaks during a meeting with US ambassadors in the Cabinet Room of the White House in Washington, DC, on March 25, 2025. (Mandel Ngan / AFP via Getty Images)


President Donald Trump’s UK ambassador, Warren Stephens, holds shares worth hundreds of millions in the key sectors that stand to benefit from last week’s UK-US trade agreement.

Stephens played a key role in pushing through the deal, according to the United Kingdom’s ambassador to the United States, Peter Mandelson, and campaigners have raised concerns that he will personally benefit.

According to financial records viewed by DeSmog and the Lever, Warren Stephens’s family-owned investment company, Stephens Inc., owns stocks worth at least $250 million in agriculture and food firms — the principal beneficiaries of the deal announced by the United States and the UK on May 8.

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