The latest trade tariffs enacted by Donald Trump’s administration will now see UK industries further affected, after a global 25 per cent addition was placed on all steel and aluminium imports into the United States.
With the UK government suggesting about five per cent of UK steel exports and six per cent of aluminium by volume go to the US, there will clearly be an impact on businesses operating on this side of the Atlantic from the latest in an escalating trade war - and UK organisations in both industries claim those are underestimates of the actual scale of shipments.