Global Trade Alert
Global Trade Alert

United States of America: US Administration's commitments under "Economic Prosperity Deal" with the United Kingdom

Announcement

08 May 2025

In May 2025, the United States announced a trade agreement (“Economic Prosperity Deal”) with the United Kingdom. In June 2025, the United States issued an Executive Order to implement the General Terms of the United States–United Kingdom Economic Prosperity Deal. 

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Number of interventions

3

0 certainly harmful

1 likely harmful

2 liberalising

List of interventions

Implementation date

30 Jun 2025

Revocation date:

No revocation date

Announced: 08 May 2025
Import tariff quota In force
On 8 May 2025, the United States Administration announced the “Economic Prosperity Deal (EPD)” with the United Kingdom. As part of this agreement, among other provisions, the US agreed to an import ta...
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Implementation date

23 Jun 2025

Revocation date:

No revocation date

Announced: 08 May 2025
Import tariff In force
On 16 June 2025, the United States issued an Executive Order to implement the General Terms of the United States–United Kingdom Economic Prosperity Deal. The measure was published in the Federal Regis...
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Implementation date

No implementation date

Revocation date:

No revocation date

Announced: 08 May 2025
Import tariff quota
On 8 May 2025, the United States Administration announced the “Economic Prosperity Deal (EPD)” with the United Kingdom. While the agreement has been reached in principle, the document is not binding a...
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Related State Acts

Announced: 01 Dec 2025

United States of America: U.S. Administration’s commitments under an agreement on pharmaceutical pricing with the United Kingdom

Announced: 01 Dec 2025

United Kingdom: UK Government’s commitments under an agreement on pharmaceuticals with the United States

Announced: 16 Aug 2025

United States of America: Department of Commerce extends Section 232 steel and aluminium tariffs to 407 derivative products (August 2025)

Announced: 12 Jun 2025

United States of America: Commerce Department expands tariffs on steel derivative imports

Announced: 03 Jun 2025

United States of America: U.S. Administration increases tariffs on imported steel and aluminium to 50 percent

Announced: 09 May 2025

United Kingdom: Government supports AESC's GBP 1 billion gigafactory in Sunderland through financial guarantees and grants

Announced: 08 May 2025

United Kingdom: UK Government's commitments under "Economic Prosperity Deal" with the United States

Removed: 22 Feb 2026

United States of America: Administration announces 10 percent additional "reciprocal tariff" on all imports (2 April 2025)

Clarification: 24 Mar 2026

United States of America: U.S. Administration announces 25 percent tariffs on automobile imports to address national security risks

Announced: 11 Feb 2025

United States of America: U.S. Administration increases Section 232 aluminium tariffs

Announced: 10 Feb 2025

United States of America: U.S. Administration expands Section 232 tariffs to include additional derivative steel articles

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