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US and UK Implement General Terms of Trade Deal

Summary by SmarTrade
On June 16, 2025, the United States and the United Kingdom formally implemented the General Terms for the United States of America and the United Kingdom of Great Britain and Northern Ireland Economic Prosperity Deal (the “General Terms”). In a related Executive Order (EO), President Donald Trump set forth agreements reached with the UK regarding tariffs on imports of (i) automobiles and automobile parts; (ii) civil aircraft; and (iii) future re…
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SmarTrade broke the news in on Wednesday, June 18, 2025.
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