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The UK steel industry body has said it is “disappointing” that exports of the metal will be hit with 25% tariffs.
UK Steel, however, did welcome the certainty and competitive nature of the agreed 25% tax on exports of steel entering the US.
“It will be disappointing if we do not have the tariff-free quota level, but if the US was never offering that deal, then the final decision on 25% offers a degree of certainty and potentially a competitive advantage so long as other countries remain at 50%,” said the director general of UK Steel, Gareth Stace.
It comes after the UK missed the White House-imposed deadline to agree a trade deal on steel and aluminium in July.
While a trade deal was signed in June, it did not include metals and left steel and aluminium to fall under blanket Trump administration rules.
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There were hopes a zero-tariff agreement could have been reached as President Trump comes to Britain to visit the King but instead the UK managed to avoid the 50% tariff applied to other states.
Those hopes remain, based on comments from Mr Trump before he boarded his plane to Britain.
“We’ve made a deal, and it’s a great deal, and I’m into helping them,” Mr Trump said, referring to the UK government.
“They’d like to see if they could get a little bit better deal. So, we’ll talk to them.”
Exports to the US make up 6% of all UK steel exports by volume and 9% by value.
“The reality is that the deluge of heavily…
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