NEW UK-US TRADE DEAL
Tariffs Cut on Cars, Steel, and Ethanol
The UK has signed a UK-US trade deal that significantly reduces tariffs on key exports. This deal provides immediate benefits to UK manufacturers, farmers, and exporters by lowering costs and improving access to the US market.
Automotive exports will see tariffs drop from 27.5% to 10% for up to 100,000 vehicles annually. This will benefit companies like Jaguar Land Rover and help support the 250,000 UK jobs linked to the car industry. Vehicles beyond this quota will still face a 25% rate, but this initial cap covers nearly all UK exports from the previous year.
Steel and aluminium exports will now face zero tariffs, down from 25%. This change is critical for the UK steel industry, which has been under pressure in recent years. As part of the UK-US trade deal, the tariff removal helps secure thousands of jobs and provides stability for companies exporting to the US.
Ethanol, widely used in manufacturing, will also see its import tariff removed, cutting input costs for UK producers.
Increased Market Access for Agriculture
UK farmers have gained a 13,000 metric tonne quota for beef exports to the US. This is part of a broader trade deal to open up agricultural trade without lowering UK food safety standards. The US has also expanded access for its own exports, including beef and ethanol, while working with the UK to reduce non-tariff barriers.
Preferential Terms and Future Agreements
The US has agreed that the UK will receive preferential treatment in any future tariffs related to national security under Section 232. This commitment, embedded in the UK-US trade deal, also supports future collaboration on digital trade, technology, and pharmaceuticals, which could further simplify export processes and open high-value markets for UK businesses.
Sectors like aerospace and biotech are expected to benefit from joint initiatives focused on secure supply chains and shared innovation.
What US-UK Trade Deal Means for UK Exporters
This agreement gives UK exporters lower costs, better access to the US market, and more stability in their international operations. The changes affect customs classifications, tariff schedules, and may impact your current supply chain planning.
At Customs Complete we help businesses respond quickly and stay compliant under new trade rules. We support smooth customs clearance and keep your goods moving, so you avoid delays and penalties.
