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Trade deal boosts Scottish industry
Edinburgh Evening News
|May 15, 2025
Last week, the Labour government secured not one but two landmark trade deals. The deals with the United States and India will help to deliver our Plan for Change to grow the economy, boost living standards and put more money in people's pockets across Scotland.
The deal with the US, the first any country has secured with the new American administration, slashes tariffs for carmakers, farmers and steelworkers, and secures preferential access for the pharmaceutical sector.
It's especially good news for the steel industry, with US tariffs on steel and aluminium entirely eliminated within agreed quotas, it's literally saved tens of thousands of jobs and will create more.
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