Implementing the General Terms of The United States of America-United Kingdom Economic Prosperity Deal
The order directs federal agencies to implement the General Terms of the United States-United Kingdom Economic Prosperity Deal. This includes creating an annual quota of 100,000 vehicles for UK automotive imports at a 10% tariff rate and negotiating preferential treatment for pharmaceuticals and pharmaceutical ingredients from the UK, contingent on an investigation. The UK has also committed to meeting US requirements on supply chain security for steel and aluminum exports. The order further establishes tariff-free bilateral trade in certain aerospace products.