UK TimesUK Times
  • Home
  • News
  • TV & Showbiz
  • Money
  • Health
  • Science
  • Sports
  • Travel
  • More
    • Web Stories
    • Trending
    • Press Release
What's Hot

Severe delay warning after M6 soil and sewage spill | Manchester News

21 August 2025

Record 111,000 UK asylum applications in past year, figures show | UK News

21 August 2025

Missouri resident dies from brain-eating amoeba after water skiing in Lake of the Ozarks – UK Times

21 August 2025
Facebook X (Twitter) Instagram
Facebook X (Twitter) Instagram
UK TimesUK Times
Subscribe
  • Home
  • News
  • TV & Showbiz
  • Money
  • Health
  • Science
  • Sports
  • Travel
  • More
    • Web Stories
    • Trending
    • Press Release
UK TimesUK Times
Home » UK-US Economic Prosperity Deal | nibusinessinfo.co.uk
Money

UK-US Economic Prosperity Deal | nibusinessinfo.co.uk

By uk-times.com27 June 2025No Comments2 Mins Read
Facebook Twitter LinkedIn Telegram Pinterest Tumblr Reddit WhatsApp Email
Share
Facebook Twitter LinkedIn Pinterest Email

Last updated 27 June 2025

The United States has announced that it will impose an additional 10% tariff on imports from the UK in addition to existing US duties, fees, and taxes. This came into effect on 5 April 2025 at 1201am EST.

Further changes to US import tariffs were announced on 8 May as part of the UK-US Economic Prosperity Deal. If the deal is finalised in line with the agreement’s terms, then the following will apply

  • Steel and aluminium 0% tariff (reduced from current 25% rate)
  • Cars 10% tariff on the first 100,000 imported yearly, and any additional vehicles are subject to 25% rates (reduced from current 27.5% rate)
  • Beef Tariff-free quota of 13,000 metric tonnes for beef imports to the US.

An additional change to US import tariffs was announced on 16 June as part of the UK-US trade deal. The below change is expected to take place by the end of June

  • Aircraft engines and components removal of tariffs (reduced from current 10% rate)

For information on the commitments made by the UK and US as part of the 8 May trade deal and areas where the UK and US intend to negotiate further, see General terms for the United States of America and the United Kingdom of Great Britain and Northern Ireland Economic Prosperity Deal.

You can check new taxes on imports to the US using the check duties and customs procedures for exporting goods tool.

Share. Facebook Twitter Pinterest LinkedIn Tumblr Telegram Email

Related News

Investigation opened into heritage charity over serious dispute

21 August 2025

NI Manufacturing & Supply Chain Conference & Exhibition 2025

21 August 2025

Millions of young minds prepared to progress

21 August 2025

Beyond Borders funding for UK-Ireland music collaborations

21 August 2025

Workshop to help SMEs manage AI risks and opportunities

21 August 2025

Innovation in Support of Operations Phase 2 (Cycle 6) is now open

21 August 2025
Top News

Severe delay warning after M6 soil and sewage spill | Manchester News

21 August 2025

Record 111,000 UK asylum applications in past year, figures show | UK News

21 August 2025

Missouri resident dies from brain-eating amoeba after water skiing in Lake of the Ozarks – UK Times

21 August 2025

Subscribe to Updates

Get the latest UK news and updates directly to your inbox.

© 2025 UK Times. All Rights Reserved.
  • Privacy Policy
  • Terms of use
  • Advertise
  • Contact Us

Type above and press Enter to search. Press Esc to cancel.

Go to mobile version