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News & Press: May 2025

UK - US trade deal updates

09 May 2025  

Yesterday the UK Primer Minister announced a first-of-its-kind trade agreement with the US. The US tariffs on automotive has been reduced to 10% and 0% for steel and aluminium. With the motorsport sector closely linked to automotive, this is positive news for many of our members. Please see below links to Make UK, SMMT and Gov.uk comments on this announcement.

SMMT response to UK-US deal

Make UK comment on US-UK trade deal

Landmark economic deal with United States saves thousands of jobs for British car makers and steel industry