UK-US tariff agreement delivers boost for British carmakers
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2 Articles
Trump cuts tariffs on British cars, rest of the world waits to see what happens
Due to new import tariffs, some carmakers have stopped exporting to the US. After Audi, Volkswagen, Lotus and Mitsubishi, Renault has also given up on the US market. In England, however, companies can now benefit from new tariffs.
UK-US tariff agreement delivers boost for British carmakers
The latest tariff agreement between the United Kingdom and the United States provides a pivotal advantage to British automotive manufacturers, particularly Jaguar Land Rover (JLR), Bentley, Aston Martin and McLaren. By eliminating punitive import duties, this accord enables smoother market access, reinforces transatlantic supply chains, and safeguards thousands of UK manufacturing jobs. The agreement reduces US tariffs on British cars from 27.5%…
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