Trade deal sees UK vehicle and US beef exports the main beneficiaries

Automotive will be the biggest winner from last week's UK-US trade deal, with Jaguar Land Rover in pole position to capitalise, but there are question marks over the deal's ultimate benefits.

Under the deal, the US will cut tariffs on imported UK cars from 27.5% to 10%, but only for the first 100,000 each year, and reduce tariffs on UK steel exports, while the UK will remove its 20% tariff on US beef.

One forwarder said ...