UK-US trade deal: immediate tariff cuts for UK auto and aerospace sectors
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jun 30 2025
0mins
Source: SeekingAlpha
UK-US Trade Deal Benefits: The new UK-US trade deal has reduced tariffs on UK automotive and aerospace exports to the US, with car export tariffs dropping from 27.5% to 10% and a complete removal of tariffs on aerospace goods.
Pending Tariff Issues: Despite these gains, there are unresolved issues regarding steel and aluminum tariffs, which could see reinstated duties after July 9 unless further agreements are made.
Analyst Views on DRIV
Wall Street analysts forecast DRIV stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for DRIV is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
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Current: 33.140
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Current: 33.140
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
