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UK trade deal with US agreed
The UK-US trade deal was agreed in May 2025.
· Immediate benefits for UK auto and aerospace sectors as tariffs are slashed under the UK-US trade deal, protecting British jobs across the country.
· UK car manufacturers can now export to the US under a reduced 10% tariff quota saving hundreds of millions annually and supporting hundreds of thousands of jobs.
· The UK aerospace sector also gains a major boost, with 10% tariffs on goods like engines and aircraft parts removed today and a commitment to maintain them at 0%.
British car and aerospace manufacturers will benefit from major tariff reductions when exporting to the US, saving thousands of jobs, as the landmark UK-US trade deal comes into effect.
The UK is the only country to have secured this deal with the US, reducing car export tariffs from 27.5% to 10%, saving manufacturers hundreds of millions each year and protecting hundreds of thousands of jobs.
At the same time, the aerospace sector has seen the removal of 10% tariffs on goods such as engines and aircraft parts, helping make companies such as Rolls Royce more competitive and allow them to continue to be at the cutting edge of innovation.
These changes are a huge win for both sectors and will help ensure UK manufacturers remain globally competitive, protect British jobs and continue to lead in innovation and excellence.
Alan Rides - Chamber CEO said:
“As negotiation progress from the initial agreement in May President Trump said during his visit to Scotland he is looking at 10% tariff on all U.K. goods, with hopes of a breakthrough in trade negotiations between the two countries.
“So if USA is your target market why not look at our trade mission to Atlanta”