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'More work to do' to get steel tariffs eliminated
Western Mail
|June 18, 2025
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.
Dit verhaal komt uit de June 18, 2025-editie van Western Mail.
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