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US will slash car tariffs on UK to 10%, steel levies to zero, says UK

Published by Global Banking & Finance Review

Posted on May 8, 2025

1 min read

· Last updated: January 24, 2026

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US will slash car tariffs on UK to 10%, steel levies to zero, says UK
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US Cuts UK Car Tariffs to 10%, Eliminates Steel Levies

LONDON (Reuters) - Britain's car industry will see U.S. tariffs immediately slashed to 10% from 27.5%, while levies on steel and aluminium will reduce to zero, the British government said on Thursday, as part of an economic deal with the United States.

(Reporting by William James and Sachin Ravikumar, writing by Sam Tabahriti)

Key Takeaways

  • US car tariffs on UK reduced from 27.5% to 10%.
  • Steel and aluminium levies cut to zero.
  • Part of a new economic deal between the US and UK.
  • Expected to benefit the UK car industry.
  • Announced by the British government.

Frequently Asked Questions

What is the main topic?
The article discusses the reduction of US tariffs on UK cars and the elimination of steel levies as part of an economic deal.
How will this affect the UK car industry?
The reduction in tariffs is expected to boost the UK car industry by making exports to the US more competitive.
Who announced the tariff changes?
The British government announced the changes as part of an economic deal with the United States.

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