US President Donald Trump and UK Prime Minister Kier Starmer have agreed to a bilateral trade agreement that cuts tariffs on imports from the UK, including cars.
The deal reduces the tariff on the first 100,000 cars imported from the UK to the US from 27.5% to 10%.
Jaguar Land Rover CEO Adrian Mardell welcomed the deal, stating that it secures greater certainty for the UK's car industry that sustains 250,000 jobs.
American carmakers are not happy about the tariff cuts on UK cars, expressing concerns about the impact on their own industry.