Phones4u founder 'hopeful but not positive' UK/US trade deal will happen Next, Caudwell is asked what he thinks about the prospect of a UK/US trade deal, following US vice president JD Vance saying he believed there was a good chance of securing a deal. Caudwell says it's "anybody's guess what's going to happen" as he labels the Trump administration "erratic" and prone to throwing "so many cannonballs into the equation". However, he warns that any potential trade deal must not be allowed to deregulate food standards. "American food... as we all know, their food chain is really rather poor, their food chains need improving dramatically. They've got antibiotics, pesticides, herbicides - you know, they've got everything in there. " Asked whether he is worried the UK may surrender too much in a trade deal with the US, Caudwell replies: "I think Keir is playing quite a smart hand, actually. "I think the way he went across and was sycophantic to Trump... I admire him for that, because I couldn't have done it. "Trump's bristling with ego, and that's what you've got to do with him to try and win him over. "But I think to be honest, there's no winning Trump over... you might get him for a short period of time until the next issue, and then the next issue could cause him to go wherever. "So would I be hopeful of a trade deal with America? Yes, I'd be hopeful - but I'm not particularly positive that will happen." Watch below: What happened when Trump met Starmer?