Trump agrees to cut tariffs on UK autos, steel and aluminum in a planned trade deal with Britain
- President Donald Trump agreed on May 8, 2025, to cut tariffs on UK autos, steel, and aluminum as part of a planned trade deal announced at the White House.
- The deal follows Trump’s earlier tariff policies aimed at boosting US manufacturing and reflects ongoing UK-US trade discussions that intensified after Brexit enabled independent UK negotiations.
- The agreement lowers tariffs on British autos from 27.5% to 10% for up to 100,000 vehicles each year, removes the 25% duties on steel and aluminum, and allows increased exports of American agricultural goods to the UK while maintaining existing UK food safety and animal welfare regulations.
- Trump described the deal as a “very big deal” increasing access for US beef and ethanol, while UK Prime Minister Keir Starmer called it a “fantastic, historic day” coinciding with the World War II VE Day anniversary.
- The agreement reduces barriers to trade and benefits important sectors, yet it remains narrowly focused as a foundation for wider negotiations, with final terms still outstanding and unlikely to substantially change either nation's underlying trade imbalances.
204 Articles
204 Articles
Trump gives break to Rolls-Royce cars, but threatens more tariffs on Mattel toys
Luxury British carmakers like Rolls-Royce, Range Rover and Aston Martin will be getting a tariff reprieve under the outlines of a trade agreement President Donald Trump announced Thursday while doubling down on his threats to continue tariffs on toys.
Trade-related concerns ‘still need to be addressed’ after UK-US deal – Forbes
Scotland’s Deputy First Minister said it was ‘disappointing’ that devolved governments had not been told the agreement was imminent. Scotland’s Deputy First Minister said there were concerns which “still need to be addressed” as a result of the UK’s trade deal with US president Donald Trump. Kate Forbes also said it was “disappointing” that the Scottish government and other devolved administrations had not been told “that this trade deal was imm…
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