EO 14309
Implementing the General Terms of the United States of America-United Kingdom Economic Prosperity Deal
Summary
This Executive Order implements provisions of the U.S.–U.K. Economic Prosperity Deal, facilitating enhanced market access, tariff modifications, and structured trade quotas to bolster U.S. national security and economic interests. It establishes tariff-rate quotas for U.K. automotive imports, lifts tariffs on certain aerospace products, and sets the stage for future quotas on steel and aluminum imports from the U.K., contingent on compliance with supply chain security and national interest considerations.
Agencies Impacted
- Department of Commerce
- U.S. Customs and Border Protection
- United States International Trade Commission
- Office of the United States Trade Representative
- Office of Management and Budget
Timeline
7 days after publication in Fed. Reg.; future undetermined time.
Deliverable
Establish automotive import tariff-rate quota Timeline: Effective 7 days after publication in the Federal Register Agency: Department of Commerce Reduce tariffs on qualifying U.K. auto parts to 10% Timeline: Effective upon publication of Federal Register notice Agency: Department of Commerce (with ITC and CBP) Publish HTSUS modification notice for autos and auto parts Timeline: Within 7 days of Federal Register publication of the order Agency: Department of Commerce (in consultation with ITC and CBP) Remove tariffs on U.K. civil aircraft under WTO Agreement Timeline: Effective upon publication of implementing notice Agency: Department of Commerce (with ITC and CBP) Publish HTSUS modification notice for aerospace products Timeline: Within 7 days of Federal Register publication of the order Agency: Department of Commerce (in consultation with ITC and CBP) Design and establish aluminum tariff-rate quota for U.K. imports Timeline: At a future time deemed appropriate Agency: Department of Commerce (in consultation with USTR) Design and establish steel tariff-rate quota for U.K. imports Timeline: At a future time deemed appropriate Agency: Department of Commerce (in consultation with USTR)
Legal Challenges
No known legal challenges.