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The Guardian - UK
The Guardian - UK
Business
Lauren Almeida

UK steel firms on edge as talks to cut Trump tariffs near deadline

United Kingdom United States Donald Trump No 10 British Steel Downing Street G7
Workers with molten steel in plant
The US imposed a 25% tariff on steel and aluminium imports from the UK in March. Photograph: Monty Rakusen/Getty Images

British steelmakers face a nervous wait to discover if they will be hit by US tariffs, after the UK government said it was trying to complete a deal to protect the industry from Donald Trump’s trade war.

The US has set a 50% tariff on foreign steel and aluminium imports. While the UK has brokered a reduced rate of 25% and is trying to bring it down to zero, a deal has not yet been completed.

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