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US-UK tariffs agreement: What you need to know

IndiaTimes Saturday, 10 May 2025
A preliminary trade agreement between the US and UK slashes tariffs on British cars and eliminates duties on steel and aluminum, opening the UK market to American farmers. While not a comprehensive deal, it reduces tariffs on UK-made cars to 10% for the first 100,000 vehicles and eliminates tariffs on UK steel and aluminum.
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News video: Trump Prepares HUGE Trade Tariff Deal Reveal With UK, UK Pact To Hit China And Europe Hard

Trump Prepares HUGE Trade Tariff Deal Reveal With UK, UK Pact To Hit China And Europe Hard 03:12

 President Trump is set to announce a major trade deal with a “highly respected” nation—confirmed by insiders to be the UK. The deal may include U.S. tariff cuts on British steel, autos, and aluminum in exchange for the UK scrapping its digital services tax. Trump teased the agreement on social...

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