UK–US trade deal signals major customs & tariff overhaul

June 2025 | By tradePhlo editorial team The UK–US Economic Prosperity Agreement , signed into effect on June 16, 2025 , marks a pivotal step toward reshaping trade relations between the two countries. First announced on May 8 , the deal introduces sweeping reforms across tariffs and customs processes that are expected to streamline transatlantic commerce and significantly benefit exporters, customs brokers, and supply chain professionals. Tariff relief: automotive and aerospace wins One of the most immediate benefits of the agreement is the reduction of U.S. tariffs on UK-manufactured cars , w