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US Department of Commerce | The Department of Commerce together with USTR Announces Historic Trade Deal with the United Kingdom to Open Markets, Raise Revenue and Strengthen Security | European American Chamber of Commerce New York [EACCNY] | Your Partner

Summary by eaccny.com
WASHINGTON D.C. — Today, the United States and the United Kingdom announced a historic trade deal – providing unprecedented access to the U.K. markets while bolstering U.S. national security.  The reciprocal tariff rate of 10%, as originally announced on Liberation Day, will remain. The trade deal will increase tariff revenue dramatically, bringing in billions of dollars in new revenue.  The deal removes longstanding U.K. market barriers creat…
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eaccny.com broke the news in on Thursday, May 8, 2025.
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