UK steelmakers call Trump doubling tariffs 'another body blow'

UK steelmakers said US President Donald Trump's decision to double import taxes on steel and aluminium to 50% is "yet another body blow" to the industry. Trade group UK Steel warned some orders could be delayed or cancelled, with uncertainty surrounding some shipments which are already halfway across the Atlantic. Trump's new 50% import tax will come into effect on Wednesday. It will replace the 25% import tax…