From today (30.6.2025) his car manufacturers UK they can export to the US with duty 10%, a reduction from the 25% rate imposed by Donald Trump on other countries, as the first elements of an economic agreement between US President and Prime Minister Kir Starmer.
British aerospace companies, such as Rolls Royce Holdings, also saw 10% duties reset in products such as aircraft engines and aircraft components from 5:01 am. (London Time). However, there is still no sign of progress in the direction of duties reduction in the UK steelworks, which remain at 25% despite the fact that Britain had previously announced an agreement to reduce them to zero.
“From today, our world -class automakers and aerospace industries will see duties reduce, securing basic industries that are vital to our economy,” Starmer said in a statement.
The UK Department of Business and Commerce said Britain is the only country that has secured such an agreement with Trump, adding that it will rescue thousands of jobs.
The new 10% US duty on British -made cars will apply to an annual quota of 100,000 vehicles, benefiting companies such as Jaguar Land Rover compared to competitors from other nations, although the reduced rate is above the level it enjoyed before Trump’s return to power.
While the United Kingdom is the only country excluded from the world’s 50% world duty on steel, negotiations to abolish the 25% contribution proves to be difficult with issues regarding the property and origin of the product. Failure to implement a zero -duties for steel will serve as a warning to other countries that are negotiating their own duties reduction agreements with Trump.
The United Kingdom will continue to talk to the US about achieving progress towards zero duties in steel, as agreed, the Ministry of Business said, without specifying when this is expected to happen.