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'More work to do' to get steel tariffs eliminated
June 18, 2025
|Western Mail
WORK to get US tariffs on UK steel removed will go on in the coming "days, weeks and months", the UK Transport Secretary has said, after a deal was finalised that left the future of those levies up in the air.
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US President Donald Trump and Prime Minister Sir Keir Starmer signed off a US-UK deal that will slash trade barriers on goods from both countries at the G7 on Monday.
But US tariffs for the steel industry will stand at 25% for now, rather than falling to zero as originally agreed. This is less than the US global rate of 50% for steel and aluminium.
The two leaders pledged to "make progress towards 0% tariffs on core steel products as agreed", the Department for Business and Trade said.
The Chinese ownership of British Steel could be a sticking point in the deal on steel, as the executive order signed by Mr Trump suggests the US wants assurances that the metal originates in the UK.
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