British aerospace manufacturers to benefit from UK-US trade deal

Tariff Relief Within Seven Days Under U.S.-U.K. Deal Once Federal Notice Published - GHY International

The U.S. will soon reduce Section 232 tariffs on British-built cars, auto parts, and aerospace products under a new bilateral trade arrangement with the United Kingdom. Once the June 16 executive order is published in the Federal Register, a new 10% total tariff will apply to up to 100,000 British vehicles annually, and qualifying auto parts and civil aircraft components will be exempt from additional duties. These changes are part of the broade…

UK-US trade deal brings tariff certainty – plus aerospace investment - The Loadstar

The UK aerospace sector received two pledges of support today which should see heightened trade, particularly with the US.  The government announced a £250m ($340m) joint industrial investment for “cutting-edge green aerospace tech projects” at companies such as Rolls-Royce and Airbus.  The news came as the White House published the terms of its agreement on tariffs with the UK – aerospace and civil aircraft will receive no tariffs, in another b…

British aerospace manufacturers to benefit from UK-US trade deal

British aerospace manufacturers to benefit from UK-US trade deal as further details announced. UK aerospace sector to see tariffs removed completely as further progress is made on the UK-US trade deal.