UK-US Auto Tariff Deal Takes Effect Amid Steel Uncertainty

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Source: CNBC
UK-US Auto Tariff Deal Takes Effect Amid Steel Uncertainty
Photo: CNBC
TL;DR

The UK-US trade deal, effective from June 30, reduces tariffs on British cars exported to the US to 10-25%, easing previous restrictions and benefiting the UK automotive industry, while discussions continue on lowering steel tariffs to 0%.

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