Trump Announces US-UK Trade Deal with Focus on Steel, Autos and Beef

Trump Announces US-UK Trade Deal with Focus on Steel, Autos and Beef

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The US-UK agreement is the first deal since Trump imposed sweeping tariffs in April

Read more:
https://www.usatoday.com/story/news/politics/2025/05/08/us-uk-trade-deal-trump-announces-agreement/83508333007/
https://www.bbc.com/news/articles/c15ng4g5g0eo

Key aspects of the U.S.-UK trade deal:

Reduced Tariffs:
The deal will cut tariffs on British automobiles from 27.5% to 10%. Tariffs on UK steel and aluminum will be reduced to zero.
Increased Market Access:
The UK will increase market access for American exports, including agricultural products like beef, ethanol, and other farm products.
Pharmaceuticals:
The deal will create a secure pharmaceutical supply chain, with pharmaceuticals potentially being exempt from tariffs between the two countries.
Boeing Aircraft:
The UK is expected to purchase $10 billion worth of U.S.-assembled Boeing aircraft.
Continued Baseline Tariffs:
The 10% baseline tariff imposed by the U.S. on several countries will remain in place.
Focus on specific sectors:
The deal appears to focus on specific sectors like automobiles, steel, aluminum, and pharmaceuticals, rather than a comprehensive trade agreement.
Digital Services Tax:
The UK has not been forced to drop its 2% digital services tax on U.S. tech firms.
Other potential trade deals:
President Trump has also indicated his interest in negotiating a trade deal with the European Union.
The U.S. is also in talks with other leading economies, including India and Japan, but agreements have yet to materialize.
The U.S. has been actively seeking to address trade deficits and has been imposing tariffs on various countries, including China.

Overall, the U.S.-UK trade deal is seen as a step towards restoring some trade relationships and addressing specific concerns, while also keeping the baseline tariff in place for other countries..

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A Note to Leaders Navigating Global Trade Challenges

A Note to Leaders Navigating Global Trade Challenges

To Leaders Navigating Global Trade Challenges:

Adam Mook on Navigating Global Trade ChallengesMy name is Adam Mook, and I am the Director of Global Trade Compliance at Logistics Plus, Inc., a leading worldwide provider of transportation, warehousing, fulfillment, global logistics, business intelligence, technology, and supply chain solutions. Our global headquarters is located in Erie, Pennsylvania, with additional offices throughout the United States and around the world. To learn more about Logistics Plus and our full range of services, please visit: www.logisticsplus.com.

Global Trade Compliance has become a vital part of our customers’ success in managing their import and export activities. In response, Logistics Plus has expanded its international trade compliance services, driving rapid growth across this area of our business. Our Global Trade Compliance division continues to scale quickly, supported by a highly skilled team that now includes five Licensed Customs Brokers, reinforcing our commitment to delivering best-in-class compliance solutions.

A lot has changed in the world of global trade in recent months. The U.S. federal government has implemented new IEEPA and reciprocal tariffs this year, while Section 301 tariffs on China remain in effect alongside updates to the existing Section 232 steel and aluminum tariffs. U.S. Customs and Border Protection (CBP) is conducting more container inspections at U.S. ports of entry and issuing a record number of CF28 and CF29 requests to importers. Globally, Customs authorities are placing greater scrutiny on correct HTS code classification. On the export side, U.S. government agencies continue to rigorously enforce export laws and issue penalties for violations on a daily basis.

Stay informed by visiting our Global Logistics Alerts for the latest updates on tariffs and key industry news: https://www.logisticsplus.com/global-logistics-alerts/. You’ll also find valuable information about our services, including tariff management, HS classification, and export/import compliance solutions. If your company is looking for expert support to navigate today’s complex global trade environment, our Global Trade Compliance team at Logistics Plus is here to help. Contact me directly to learn how we can strengthen your compliance strategy and help you stay ahead in a constantly evolving marketplace.

Sincerely,

Adam Mook
Director of Global Trade Compliance
814-464-1722
adam.mook@logisticsplus.com

Trump Announces US-UK Trade Deal with Focus on Steel, Autos and Beef

Canada and Mexico Goods Now Exempt to Some Tariffs; Auto Imports Amendment; Drawback FAQs

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Canada and Mexico Goods Now Exempt to Some Tariffs

In an Executive Order (EO) issued yesterday, April 29, 2025, the President amended recent tariff actions on products of Canada or Mexico, including automotive tariffs, Section 232 steel and aluminum tariffs, and tariffs under the International Emergency Economic Powers Act (IEEPA). The significant amendment means these tariffs do not stack on top of each other.
Read the proclamation:
https://www.whitehouse.gov/presidential-actions/2025/04/addressing-certain-tariffs-on-imported-articles/

Automobiles and Automobile parts may be eligible to apply for an import adjustment offset

In another Presidential Proclamation on automobiles and automobile parts, Original Equipment Manufacturers (OEMs) may be eligible to apply for an import adjustment offset amount equal to 3.75 percent of the aggregate Manufacturer’s Suggested Retail Price (MSRP) value of all automobiles assembled in the U.S. in the next year. The Commerce Secretary will establish a process within 30 days for applying for this credit. Manufacturers who are approved will be able to list their suppliers, who may also be eligible for the credit.
Read the proclamation:
https://www.whitehouse.gov/presidential-actions/2025/04/amendments-to-adjusting-imports-of-automobiles-and-automobile-parts-into-the-united-states/

Drawback: Trade Remedies Frequently Asked Questions (FAQs)

FAQs from the U.S. Customs and Border Protection agency:
https://www.cbp.gov/trade/automated/news/drawback/drawback-trade-remedies-frequently-asked-questions

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Trump Announces US-UK Trade Deal with Focus on Steel, Autos and Beef

De Minimis ends May 2 for Imports from China and Hong Kong Origin

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Notice of Implementation of Additional Duties on Imports from China and Hong Kong

Effective May 2, 2025, products with the origin of China and Hong Kong imported to the United States will no longer be eligible for the de minimis exemption for duty-free treatment. All entries must be filed, and cargo must arrive prior to May 1, 2025, 11:59 p.m. EST to be eligible for de minimis treatment.

Read the 04/28/2025 U.S. Customs and Border Protection Notice here:
https://www.federalregister.gov/documents/2025/04/28/2025-07325/notice-of-implementation-of-additional-duties-on-products-of-the-peoples-republic-of-china-pursuant

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Trump Announces US-UK Trade Deal with Focus on Steel, Autos and Beef

DHL to suspend global shipments of more than $800 to US

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Courier firm DHL to suspend global shipments of more than $800 to US due to new customs rules

DHL, the international courier firm, will temporarily pause shipments to the U.S. for items with a declared value of more than $800, the company announced in a notice. The announcement said that, starting Monday, the company will stop collecting and shipping orders from businesses abroad to private individual customers in the U.S. if the declared custom value exceeds $800.

Read More:
https://www.dhl.com/us-en/home/important-information/2025/shipments-to-the-united-states-with-a-customs-value-exceeding-usd-800.html
https://thehill.com/business/5258076-dhl-temporarily-pauses-us-shipments-over-800/?tbref=hp

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