Prime Minister Keir Starmer speaks during the visit of the Jaguar Land Rover Factory 7. April 2025. in Birmingham in the UK.
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London – Monday in the UK on Monday, giving a preferential tariff rate on British cars imported to America, while questions remain on the final furniture on the metal exports in the UK.
Back in MayThe United Kingdom became the first country to negotiate trade with the United States because the White House leader Donald Trump has left his so-called reciprocal tariffs per month before. The conditions of the Agreement are effective from 30. June.
According to the contract, the coverage of 10% of tariffs now refers to goods in the UK imported into the United States.
It will also see the first 100,000 vehicles that are sold every year since Great Britain, which is exposed to 10% of tariffs every year. All additional vehicles sent to the US will receive 25% of import duties.
They now have Trade surplus on goods With Britain, which means that it exports more in the UK than imports. The cars are The biggest export in the UK In the United States, and now they appeared as the upper buyer of British cars globally. Last year, 27.4% of all car exports in the UK was delivered to America.
The tariff range of 10-25% is a sharp lower than 50% left who hit vehicles that were introduced in the United States from other trading partners.
The U.S. British contract will also remove duties from Veliko’s air sector.
But London is still working on bringing tariffs on key industrial metals.
While Britain is the only nation that currently has Preferential 25% tariff rate On steel and aluminum exports in the United States, compared to more than 50% for other US trading partners, two nations spoke about reducing tariffs on British steel to 0%. The United States is the fourth largest export market for British iron and steel.
Government in the UK said On Monday, it is “we will continue and thrive towards 0% tariffs on basic steel products as agreed”.
Also Monday, the United Kingdom of Keir was starmerkeen the “historical” trade job as the one who “keeps the key industry that are vital for our economy” and protect jobs.
Mike Haves, General Manager of the Great British SMMT Trade Body said Monday that the agreement “Huge relief for car companies in the UK to export to this critically important market”.
“Immediately ridicule the criminal tariffs that brought an American export market for rest and threatened the sustainability of some most famous names in British production,” he said in a statement.
