Lower US tariffs on British steel, aluminium and car exports are unlikely to take effect for weeks, according to UK officials, as companies complain about continued uncertainty about the levies despite a bilateral trade deal.
Prime Minister Sir Keir Starmer said last week the US had agreed in the trade accord to “remove tariffs” on UK steel and aluminium, as well as cut levies on British car exports to 10 per cent for an annual quota of 100,000 vehicles.
US commerce secretary Howard Lutnick also signalled UK aerospace had secured a zero tariff rate, saying Washington had “agreed to let Rolls-Royce engines and those kinds of plane parts come over tariff free”.