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US tariffs on automotive industry falls

The Journal

|

July 01, 2025

TARIFF cuts for the automotive and aerospace sectors have come into force after Sir Keir Starmer finalised parts of a deal for relief from US import taxes.

Car manufacturers exporting to the US will face a 10% tariff quota, down from 27.5%, while the aerospace sector will see a 10% levy removed entirely. Sir Keir hailed the “historic trade deal” with the US, clinched after Donald Trump impose

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