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Chamber awaits more detail of UK trade deal with US
Manchester Evening News
|May 15, 2025
GREATER Manchester Chamber of Commerce has broadly welcomed the historic US-UK trade deal - but says its true impact will only be known when more details are revealed.
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Donald Trump and Sir Keir Starmer confirmed the deal in a call broadcast live last Thursday. Import taxes that could have hit high-end carmakers were cut from 27.5 per cent to 10pc, with the 25pc tariff on steel has also been removed entirely.
While the blanket 10pc tariff on imports announced by President Trump on his ‘liberation day’ announcement stays in place, talks are ongoing to ease them.
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