{"id":31030,"date":"2025-06-16T21:55:51","date_gmt":"2025-06-16T21:55:51","guid":{"rendered":"https:\/\/financialrush.com\/?p=31030"},"modified":"2025-06-16T21:55:51","modified_gmt":"2025-06-16T21:55:51","slug":"trump-signs-executive-order-to-implement-us-uk-trade-deal","status":"publish","type":"post","link":"https:\/\/financialrush.com\/?p=31030","title":{"rendered":"Trump signs executive order to implement US-UK trade deal"},"content":{"rendered":"<p> \n<\/p>\n<div>\n<p>Unlock the White House Watch newsletter for free<\/p>\n<p class=\"article__content-sign-up-topic-description o3-type-body-base\">Your guide to what Trump\u2019s second term means for Washington, business and the world<\/p>\n<p><iframe class=\"article__content-sign-up-iframe close\" scrolling=\"no\" id=\"signUpIframe\" data-prev-url=\"\/register\/in-article-sign-up?ft-content-uuid=c298cf46-8489-4867-afc1-973de398ce59&amp;newsletter-id=65b8fec772badb00166eafc6\"><\/iframe><\/div>\n<div id=\"article-body\">\n<p>Donald Trump has signed an executive order directing US government agencies to implement his trade deal with the UK.<\/p>\n<p>The president\u2019s order will \u201coperationalise\u201d the US-UK agreement, under which Trump agreed to cut a 27.5 per cent American tariff on cars to 10 per cent for the first 100,000 vehicles shipped from the UK each year. <\/p>\n<p>The deal will also ensure UK exports of jet engines and other aerospace parts to the US are spared from US tariffs, according to people familiar with the arrangements.<\/p>\n<p>The waiving of aerospace tariffs is confirmation the UK will be exempted from any levies that emerge from a US national security probe into the industry that Trump has launched.<\/p>\n<p>In the US-UK trade deal unveiled by Trump on May 8 in the Oval Office, there was a promise that Britain would be spared from some US national security tariffs if it met Washington\u2019s requirements to exclude China from key supply chains.\u00a0<\/p>\n<p>UK Prime Minister Keir Starmer has come under political pressure at home to implement the deal quickly, notably from industries affected by the tariffs.<\/p>\n<p>Trump and Starmer met briefly on Monday on the margins of a G7 summit in Kananaskis, Canada, to discuss the trade deal.<\/p>\n<p>\u201cWe just signed it and it\u2019s done,\u201d Trump told reporters shortly after the meeting. <\/p>\n<p>White House officials said Trump had signed the executive order that will implement the trade deal.<\/p>\n<p>Starmer confirmed the trade deal\u2019s terms covering cars and aerospace trade would take effect.<\/p>\n<p>\u201cThis is a very good day for both of our countries, a real sign of strength,\u201d Starmer said. <\/p>\n<p>In return for cuts to Trump\u2019s tariffs, the UK granted the US greater market access for beef, ethanol and industrial products.<\/p>\n<p>The trade deal is meant to lower US tariffs on UK steel and aluminium exports to zero, but there have been drawn-out negotiations over implementation.<\/p>\n<p>UK officials said \u201ctechnical and legal\u201d issues were continuing to delay the confirmation of a quota that would enable British exporters to avoid a 25 per cent steel global tariff imposed by Trump on national security grounds.<\/p>\n<p>Steel producers in the rest of the world are facing a 50 per cent levy on their exports to the US after Trump doubled the existing 25 per cent tariff this month, but he <a href=\"https:\/\/www.ft.com\/content\/8da4f9d5-1882-4527-9478-8fd9f20f2e4a\" data-trackable=\"link\">offered the UK<\/a> an exemption to allow time for the implementation of the trade deal.<\/p>\n<p>The negotiations have been complicated by how a significant proportion of UK steel is reprocessed from imported material and does not meet a US requirement that it is \u201cmelted and poured\u201d in the country of origin to qualify for tariff exemptions.<\/p>\n<p>UK steel industry bodies have said they do not expect arrangements to be finalised until the end of the month at the earliest.\u00a0<\/p>\n<p>The British automobile industry has welcomed how the trade deal provides them with a 10 per cent US tariff on 100,000 British vehicles exported to America each year.<\/p>\n<p>However the decision to grant US ethanol producers a 1.4bn litre tariff-free quota, equivalent to the entire UK annual demand, has been attacked. <\/p>\n<p>Britain\u2019s bioethanol industry has warned the deal <a href=\"https:\/\/www.ft.com\/content\/eff16aab-988b-43a2-9c1b-7ee2d0e71afe\" data-trackable=\"link\">will destroy<\/a> domestic producers.<\/p>\n<\/div>\n\n<br \/><a href=\"https:\/\/www.ft.com\/content\/c298cf46-8489-4867-afc1-973de398ce59\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"Unlock the White House Watch newsletter for free Your guide to what Trump\u2019s second term means for Washington,&hellip;\n","protected":false},"author":5,"featured_media":31031,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[23],"tags":[],"class_list":["post-31030","post","type-post","status-publish","format-standard","has-post-thumbnail","category-us","cs-entry","cs-video-wrap"],"_links":{"self":[{"href":"https:\/\/financialrush.com\/index.php?rest_route=\/wp\/v2\/posts\/31030","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/financialrush.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/financialrush.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/financialrush.com\/index.php?rest_route=\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/financialrush.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=31030"}],"version-history":[{"count":0,"href":"https:\/\/financialrush.com\/index.php?rest_route=\/wp\/v2\/posts\/31030\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/financialrush.com\/index.php?rest_route=\/wp\/v2\/media\/31031"}],"wp:attachment":[{"href":"https:\/\/financialrush.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=31030"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/financialrush.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=31030"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/financialrush.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=31030"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}