Aston Martin rose 10%, General Motors rose 3%, reports indicate that the U.S. will lower tariffs on British cars
Aston Martin's stock price rose by 10.07%, while General Motors increased by about 3%. The United States will reduce tariffs on cars manufactured in the UK to 10% and provide a quota of 100,000 vehicles for UK car manufacturers for export. Beef tariffs will also be lowered to nearly zero levels. This news comes from the tariff trade agreement reached between the UK and the US
Aston Martin's stock price in London rose by 10.07%, leading the European automotive manufacturing concept stocks. General Motors' stock price increased by about 3%. The British pound maintained a 0.3% gain against the US dollar. According to media reports, the US will reduce tariffs on cars manufactured in the UK to 10%. UK car manufacturers will receive an export quota of 100,000 vehicles at the lower tariff rate. Beef tariffs will be lowered to "near zero" levels. Previously, CCTV reported that the UK and the US reached an agreement on the terms of the tariff trade agreement.
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