Implementing the General Terms of the US-UK Economic Prosperity Deal
Jun 23, 2025
Jun 23, 2025
Summary
Starts a trade deal with the United Kingdom to give U.S. companies better access to British markets and help the U.S. economy and safety.
What problem does this solve?
The U.S. faced unfair trade rules with the United Kingdom that hurt American companies and the country's security. This order puts a new trade deal into effect that lowers these barriers and sets new rules for imports from the UK.
Who does this affect?
- Automotive industry
- Aerospace industry
- Steel and aluminum industries
- Agricultural exporters
What does this order do?
Sets a new limit and tax rate for cars from the United Kingdom
Establishes a yearly limit of 100,000 cars imported from the UK. These cars will have a combined tax rate of 10 percent, which is lower than the previous rate.
Removes taxes on airplane parts from the United Kingdom
Gets rid of special taxes on certain aerospace products from the UK, making it cheaper to trade these items between the two countries.
Lowers taxes on car parts from the United Kingdom
Reduces the total tax to 10 percent on certain car parts made in the UK that are used in cars also made in the UK.
Reference
Text:
Section:
Header:
Aluminum and steel articles and their derivative articles
Plans for future limits on steel and aluminum from the United Kingdom
Allows the Secretary of Commerce to create new limits and tax rates for steel and aluminum products from the UK at a later date, as long as the UK meets certain security requirements.
What is the real world impact?
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Strengthens the economic and security alliance with the United Kingdom
Creates a special trade relationship with a key ally, the UK. This can make the bond between the two countries stronger by linking their economies and supply chains for important goods like cars, planes, and metals.
When does this start?
Different parts of this order take effect at different times, starting shortly after it is published.
New car import rules
The new yearly limit and tax rate for cars from the UK will start 7 days after this order is published in the Federal Register.
Lower taxes on car and airplane parts
The removal of taxes on aerospace products and lower taxes on car parts will start when a notice is published in the Federal Register, which will happen within 7 days of this order.
Reference
Text:
Section:
Header:
Aluminum and steel articles and their derivative articles
Future rules for steel and aluminum
New limits and tax rates for steel and aluminum from the UK will be decided and put into place at a future time chosen by the Secretary of Commerce.