Trump will cut UK car tariffs and reach a comprehensive agreement in the future

According to BlockBeats, on May 8th, in the trade agreement reached between Trump and the UK, the US will reduce tariffs on Range Rovers and other British made cars to 10%. This is part of a 12-month 'temporary arrangement' where the UK and the US hope to reach a comprehensive trade agreement in the coming months. In return, the UK and the US will lower import and export tariffs on beef to near zero levels, but the UK will not allow hormone treated beef to enter the UK. In March of this year, Trump announced a new 25% tariff on foreign made cars and car parts, causing Jaguar Land Rover to halt exports to the United States. It is understood that British car manufacturers will receive a quota of 100000 vehicles, which will be sold to the United States at lower tariffs. The current 25% tariff on steel exports from the UK to the US will also be reduced, although the details of the tariff rate and quota are still to be finalized. A source said, "We will immediately reduce industry tariffs