India, June 30 -- The UK-US trade deal has come into force Monday, slashing US import tariffs for the UK's automotive and aerospace sectors.
UK car manufacturers can now export to the United States up to 100,000 vehicles under a reduced 10 percent tariff quota.
The UK aerospace sector also gains a major boost, with 10 percent tariffs on goods like engines and aircraft parts removed, and a commitment to maintain them at 0 percent.
In return, as part of its commitment under a deal that was signed at the G7 summit earlier this month between Prime Minister Keir Starmer and President Donald Trump, the UK will scrap tariffs on imported American beef and ethanol.
The UK is the only country to have secured such a deal with the US, reducing car ...