<figure id="attachment_3027722" aria-describedby="caption-attachment-3027722" style="width: 1600px" class="wp-caption aligncenter"><img loading="lazy" class="wp-image-3027722 size-full" src="https://media.freemalaysiatoday.com/wp-content/uploads/2025/04/4bdf5995-image_1127839292_1600x1000_1.webp" alt="" width="1600" height="1000" /><figcaption id="caption-attachment-3027722" class="wp-caption-text">The UK and US have eliminated a 10% tariff on goods such as engines and aircraft parts. (Seeking Alpha pic)</figcaption></figure>
LONDON: A trade deal cutting tariffs on British exports of automobiles and aerospace equipment to the US takes effect today, as the two sides continue to negotiate over steel duties.
&#8220;From today, British car and aerospace manufacturers will benefit from major tariff reductions when exporting to the US, saving thousands of jobs,&#8221; the UK department of trade said in a statement today.
London and Washington reached an agreement in May to cut US tariffs on cars from 27.5% to 10%, with a limit of 100,000 vehicles a year.
It also fully eliminated a 10% tariff on goods such as engines and aircraft parts.
&#8220;Our historic trade deal with the US delivers for British businesses and protects UK jobs,&#8221; Prime Minister Keir Starmer said in the same statement.
&#8220;From today, our world-class automotive and aerospace industries will see tariffs slashed, safeguarding key industries that are vital to our economy,&#8221; he said.
In return, Britain agreed to further open its market to US ethanol and beef.
That has raised concerns in the chemical industry and among British farmers, even though the meat would still have to meet UK food safety standards.
London is still negotiating for lower tariffs for its steel and aluminium exports to the US, which has raised its levies to 25%.
&#8220;We will continue go further and make progress towards zero percent tariffs on core steel products,&#8221; the trade department said in the statement.

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