Overview
- The United States will eliminate all tariffs on British aerospace exports under the new agreement.
- Car tariffs on UK-made vehicles will fall from 25% to 10% for up to 100,000 units annually.
- Steel and aluminum exports will continue to face 25% duties, with both governments pledging to negotiate quota-based cuts toward zero.
- The UK has agreed to admit 13,000 metric tons of US beef and to lift a 19% tariff on 1.4 billion liters of imported US ethanol.
- Prime Minister Keir Starmer confirmed the AUKUS nuclear submarine partnership with the US and Australia remains on track despite a US review.