Trump Signs Executive Order to Enforce US-UK Trade Deal, Sparks Mixed Industry Reactions

US President Donald TRUMP has signed an executive order to implement the US-UK trade agreement, unveiled in May, which significantly reduces tariffs on British exports and expands US access to key UK markets. The order, signed shortly after a meeting with UK Prime Minister Keir Starmer at the G7 summit, aims to operationalize the deal immediately.

Central to the agreement is a reduction in the US automotive tariff from 27.5% to 10% for the first 100,000 UK-manufactured vehicles shipped annually. "This is a very good day for both of our countries, a real sign of strength," Starmer remarked. The deal also exempts British jet engines and aerospace components from US tariffs tied to a national security investigation, contingent on UK commitments to exclude China from sensitive supply chains.

While automotive and aerospace sectors celebrate, the bioethanol and steel industries raise alarms. The UK granted the US a tariff-free ethanol quota of 1.4 billion liters—matching the country''s annual demand—prompting warnings from domestic producers.