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Evening Standard
Evening Standard
Business
Helen Corbett

US tariff relief for UK carmakers and aerospace comes into force

New cars at Royal Portbury Docks, North Somerset (Ben Birchall/PA) - (PA Wire)

Tariff cuts for the automotive and aerospace sectors have come into force after Sir Keir Starmer finalised parts of a deal for relief from US import taxes.

Car manufacturers exporting to the US will face a 10% tariff quota, down from 27.5%, while the aerospace sector will see a 10% levy removed entirely.

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