UK steel industry warns of damage as Trump tariffs come into force
United States President Donald Trump’s tariffs on UK steel “couldn’t come at a worse time,” the industry has warned as the levy on US imports is introduced.
The British steel and aluminium industries are braced for the impact of the US president’s tariffs, which came in at midnight in the US, around 0400 GMT.
The UK government is unlikely to immediately retaliate to the 25 per cent import tax, with officials stressing the need for a “cool-headed approach”, after last-ditch efforts to persuade Trump to spare British industry from his global tariffs appeared to have failed.
The European Union announced it would be implementing counter tariffs on 28 billion dollars worth of goods starting on April 1.
Gareth Stace, the director general of trade association UK Steel, branded the Trump administration’s move “hugely disappointing.”
