EO 14309
Implementing the General Terms of the United States of America-United Kingdom Economic Prosperity Deal
Economy & TradeNational SecurityForeign Policy
Ad Space (leaderboard)
Summary
This executive order implements a trade agreement between the United States and United Kingdom announced on May 8, 2025. It establishes reduced tariffs and import quotas for British automobiles, automotive parts, steel, aluminum, and pharmaceuticals, while creating frameworks for future negotiations on aerospace products and other sectors.
Key Points
- 1Creates an annual quota of 100,000 UK automobiles at a 10 percent tariff rate (compared to 25 percent previously), effective 7 days after publication
- 2Reduces tariffs on UK automotive parts from 25 percent to 10 percent when used in UK-produced vehicles
- 3Establishes most-favored-nation tariff rates for UK steel and aluminum products contingent on meeting supply chain security requirements
- 4Commits to preferential treatment negotiations for UK pharmaceuticals and pharmaceutical ingredients pending investigation findings and compliance with security standards
- 5Establishes a framework for tariff-free bilateral trade in certain aerospace products and structured negotiations on future national security concerns
- 6Deal includes increased market access for American agricultural exports, particularly beef and ethanol
This summary is for informational purposes only. It may not capture all nuances of the executive order. Always refer to the official text for authoritative information.
Ad Space (rectangle)