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

By uk-times.com27 June 2025No Comments2 Mins Read
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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.

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