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The Guardian - UK
The Guardian - UK
Business
Jasper Jolly , Lisa O'Carroll and Rob Davies

Aston Martin and Rolls-Royce share prices soar as manufacturers welcome US tariff cuts

Keir Starmer at the JLR car factory
UK prime minister Keir Starmer speaks to employees at the JLR car factory in the West Midlands, England, on 8 May, 2025. Photograph: WPA/Getty Images

British manufacturers have welcomed some tariff relief in the new US-UK trade deal, with the share prices of the sportscar brand Aston Martin Lagonda and jet engine maker Rolls-Royce rising.

The US has agreed to cut tariffs on cars, jet engines and steel, although the 10% baseline levy will continue to apply to other products exported from the UK, the two governments announced on Thursday.

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