09 May UK – US trade deal updates
Yesterday the UK Primer Minister announced a first-of-its-kind trade agreement with the US. The US tariffs on automotive has been reduced to 10% and 0% for steel and aluminium. With the motorsport sector closely linked to automotive, this is positive news for many of our members. Please see below links to Make UK, SMMT and Gov.uk comments on this announcement.
Make UK comment on US-UK trade deal