UK-US steel agreement put on hold
Source: BBC
The BBC understands that a proposed deal to eliminate tariffs on UK steel exports to the US has been put on hold indefinitely.Tariffs of 25% are currently applied to steel exports to the US, which make up 6% of all UK steel exports by volume and 9% by value.Other countries face tariffs of 50% and so senior government sources insist that the UK is in a competitive position relative to others, and added they…
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