US and UK Conclude Trade Agreement Terms, Covering Import Car Quotas and Steel & Aluminum Tariffs
2025-06-17 / Read about 0 minute
Author:小编   

The United States and the United Kingdom have concluded a trade agreement, wherein the U.S. intends to establish an annual quota of 100,000 vehicles for British car imports and apply a 10% tariff. The UK has pledged to ensure the security of supply chains for steel and aluminum products exported to the U.S., adhering to pertinent American standards. Consequently, the U.S. will establish a "most-favored-nation" tariff quota for British steel and aluminum products. Furthermore, both parties have agreed to enhance cooperation within the aerospace supply chain, with the U.S. eliminating three tariffs previously imposed on British aerospace enterprises.