US commerce deal a ‘political win’ however will do little for UK progress, say consultants

Ben Caswell, Neisr’s senior economist, stated: “While the brand new commerce take care of the US constitutes a political win for the Authorities, the direct impacts on UK GDP are prone to be very small, given we export simply £9 billion value of vehicles to the US annually and the overwhelming majority of products gained’t profit from this tariff reduction announcement.”