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Benzinga
Benzinga
Business
Kaustubh Bagalkote

Trump–Starmer Trade Deal Kicks In: UK Luxury Cars Get 10% Tariff, Rolls-Royce Engines Fly Duty-Free Into US

Keir Starmer Donald Trump

The landmark trade agreement between President Donald Trump and British Prime Minister Keir Starmer officially took effect Monday, delivering immediate tariff relief for the United Kingdom’s automotive and aerospace exports to the United States.

What Happened: The deal reduces U.S. tariffs on UK cars from 27.5% to 10%, creating a quota system allowing up to 100,000 British vehicles annually at the reduced rate.

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