US-UK Trade Deal

Extracted Attributes

• Nature

  Aims to promote reciprocal trade and bolster national security

• Status

  Finalized and implemented

• Purpose

  To reduce or remove tariffs on exports, eliminate non-tariff barriers, and increase market access between the US and UK.

• Official Name

  US-UK Economic Prosperity Deal (EPD)

• Key Sectors Affected

  Automotive, steel, aluminum, agriculture (beef, ethanol), aerospace

• Legal Status (General Terms Document)

  Not legally binding (referring to the short-form document of general terms)

Timeline

• United States Trade Representative (USTR) Robert Lighthizer notified Congress of the Trump Administration’s intent to negotiate a trade agreement with the United Kingdom. (Source: web_search_results)

  2018-10-16

• USTR requested public comment on the Administration’s negotiating objectives for the U.S.-UK trade agreement. (Source: web_search_results)

  2018-11-16

• The formal launch of trade agreement negotiations between the United States and the United Kingdom was announced by Robert Lighthizer and Elizabeth Truss. (Source: web_search_results)

  2020-05-05

• Four sets of negotiating sessions were held between U.S. and UK negotiators, continuing through September 2020. (Source: web_search_results)

  2020-05-01

• The U.K. and U.S. announced a trade deal to reduce or remove tariffs on each other’s exports, releasing general terms for a potential agreement, referred to as the 'US-UK Economic Prosperity Deal'. (Source: web_search_results)

  2025-05-08

• President Trump signed an executive order to operationalize the general terms of the US-UK Economic Prosperity Deal. (Source: web_search_results)

  2025-06-16

• The trade deal was implemented, with its terms becoming effective, including a blanket 10% tariff on UK goods imported into the US and preferential rates for British cars. (Source: web_search_results)

  2025-06-30

• Deadline by which steel and aluminum tariffs could potentially rise to 50 percent if unresolved within the deal. (Source: web_search_results)

  2025-07-09

United Kingdom–United States relations

Relations between the United Kingdom and the United States have ranged from military opposition to close allyship since 1776. The Thirteen Colonies seceded from the Kingdom of Great Britain and declared independence in 1776, fighting a successful revolutionary war. While Britain was fighting Napoleon, the two nations fought the stalemated War of 1812. Relations were generally positive thereafter, save for a short crisis in 1861 during the American Civil War. By the 1880s, the US economy had surpassed Britain's; in the 1920s, New York City surpassed London as the world's leading financial center. The two nations fought Germany together during the two World Wars; since 1940, the two countries have been close military allies, enjoying the Special Relationship built as wartime allies and NATO and G7 partners. America and Britain are bound together by a shared history, a common language, an overlap in religious beliefs and legal principles, and kinship ties that reach back hundreds of years. Today, large numbers of expatriates live in the other country. In the early 21st century, Britain affirmed its relationship with the United States as its "most important bilateral partnership" in current British foreign policy, and the American foreign policy also affirms its relationship with Britain as its most important relationship, as evidenced in aligned political affairs, mutual cooperation in the areas of trade, commerce, finance, technology, academics, as well as the arts and sciences; the sharing of government and military intelligence, and joint combat operations and peacekeeping missions carried out between the United States Armed Forces and the British Armed Forces. As of January 2015, the United Kingdom was the fifth largest US trading partner in terms of exports and seventh in terms of import of goods. In long-term perspective, the historian Paul Johnson has called the United Kingdom–United States relations "the cornerstone of the modern, liberal democratic world order". The two countries also have had a significant impact on the cultures of many other countries, as well as each other. They are the two main nodes of the Anglosphere, with a combined population of just under 400 million in 2019. Together, they have given the English language a dominant lingua franca role in many aspects of the modern world.

Web Search Results

• The UK-US 'Economic Prosperity Deal' and Its Impact - Skadden

  On May 8, 2025, the U.K. and U.S. announced a trade deal to reduce or remove tariffs on each other’s exports, including on cars, steel and aluminum, and released the general terms for a potential U.K.-U.S. trade agreement. Both governments refer to the agreement as the “US-UK Economic Prosperity Deal” or “EPD.” The short-form document of the general terms makes clear that it is not legally binding.1 A month later, on June 16, 2025, President Trump signed an executive order to operationalize [...] 9 White House Fact Sheet, “Implementing the General Terms of the US-UK Economic Prosperity Deal” (June 17, 2025). 10EPD General Terms, paragraph 1(c)(ii). 11_Financial Times_, “US-UK Trade Deal Squeezes China Supply Chains,” May 9, 2025. 12 White House Fact Sheet “US-UK Reach Historic Trade Deal” (May 8, 2025); U.K. government press release “Landmark Economic Deal With United States Saves Thousands of Jobs for British Car Makers and Steel Industry” (May 8, 2025). [...] 22 U.S. Executive Order “Implementing the General Terms of the United States of America – United Kingdom Economic Prosperity Deal”, Section 1 (_Background_) and Section 3 (_Aerospace_) (June 16, 2025). 23 White House Fact Sheet “US-UK Reach Historic Trade Deal” (May 8, 2025). 24EPD General Terms, paragraph 2(c). 25EPD General Terms, paragraph 3(a).

• Fact Sheet: Implementing the General Terms of the U.S.-UK ...

  This historic trade deal provides American companies unprecedented access to British markets while bolstering U.S. national security. The deal will include billions of dollars of increased market access for American exports, especially for beef, ethanol, and certain other American agricultural exports. The UK will reduce or eliminate numerous non-tariff barriers that unfairly discriminate against American products, hurt the U.S. manufacturing base, and threaten our national security. [...] ADVANCING RECIPROCAL TRADE:This U.S.-UK trade deal will usher in a golden age of new opportunity for U.S. exporters and level the playing field for American producers. [...] The Economic Prosperity Deal with the United Kingdom is a critical step toward promoting reciprocal trade with a key ally and partner. President Trump: “The deal includes billions of dollars of increased market access for American exports, especially in agriculture, dramatically increasing access for American beef, ethanol, and virtually all of the products produced by our great farmers.”

• Status of U.S. Bilateral Trade Negotiations as the July 9 Deadline ...

  CountryStatusDate of Last Publicly Reported Update U.K.Finalized: A trade deal was signed at the G7 summit and implemented on June 30, 2025, reducing tariffs on U.K. exports, including cars and aerospace products. The U.S. received increased market access for its export to the U.K., particularly agricultural exports. The deal leaves steel and aluminum tariffs unresolved, with the potential to rise to 50 percent by July 9, 2025.June 16, 2025 [...] With less than two weeks until the July 9 deadline, the U.S. has announced deals only with the U.K. and China, although Secretary Lutnick recently indicated that the administration expects 10 trading partners to reach agreements with the United States before July 9, which he says will inform the terms of other agreements. Public reports indicate that Indian and Japanese trade officials are scheduled to meet with U.S. counterparts in the coming days in the hopes of reaching final agreements, [...] The Office of the U.S. Trade Representative (USTR) reportedly has led the bilateral negotiations and made progress toward reaching deals with several trading partners. However, the administration has released little information on the status of the bilateral negotiations or potential trade deal terms. U.S. Department of Commerce Secretary Howard Lutnick recently remarked that multiple trade agreements are nearing completion; however, China and the United Kingdom remain the only agreed-upon

• UK autos spared under U.S. tariff cut but steel still in question - CNBC

  Back in May, the U.K. became the first country to negotiate a trade deal with the U.S. since White House leader Donald Trump unveiled his so-called reciprocal tariffs a month prior. The terms of the agreement are effective as of June 30. Under the deal, a blanket 10% tariff now applies to U.K. goods imported into the United States. [...] CNBC logo Join IC Join Pro logo Join IC Join Pro # UK autos spared under U.S. tariff cut but steel still in question thumbnail LONDON – The U.K.-U.S. trade deal comes into play on Monday, giving a preferential tariff rate to British cars imported to America, while questions linger over final levies on the U.K.'s metal exports. [...] Britain's deal with the U.S. will also remove duties from Britain's aerospace sector. But London is still working on bringing down tariffs on key industrial metals.

• U.S.-UK Trade Agreement Negotiations - United Kingdom

  On May 5, 2020, United States Trade Representative Robert Lighthizer and United Kingdom Secretary of State for International Trade Elizabeth Truss announced the formal launch of trade agreement negotiations between the United States and the United Kingdom. Since the launch, U.S and UK negotiators have held four sets of negotiating sessions in May, June, July-August, and September 2020 and plan to continue negotiating sessions on a similar schedule, as the teams work to agree on a comprehensive, [...] On October 16, 2018, at the direction of the President, United States Trade Representative Robert Lighthizer notified Congress of the Trump Administration’s intent to negotiate a trade agreement with the United Kingdom, once the UK leaves the EU in March 2019. On November 16, USTR requested public comment on the Administration’s negotiating objectives for the U.S.-UK trade agreement. [...] ambitious trade agreement.