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Reuters
Reuters
Business
Andrea Shalal and David Lawder

New U.S.-U.K. trade deal cuts tariffs on British steel, American motorcycles, bourbon

FILE PHOTO: Commerce Secretary Gina Raimondo testifies before a Senate Appropriations Subcommittee on Commerce, Justice, Science, and Related Agencies hearing on Capitol Hill in Washington, D.C., U.S., February 1, 2022. Andrew Harnik/Pool via REUTERS

The United States and Britain ended a four-year dispute over U.S. steel and aluminum tariffs on Tuesday, pledging to work together to counter China in a deal that also removes retaliatory tariffs from U.S. motorcycles, whiskey and other products.

In a joint statement, U.S. Commerce Secretary Gina Raimondo and U.S. Trade Representative Katherine Tai said the deal would protect steel and aluminum companies - and their workers - in both countries, allowing the allies to focus on what they say are "China's unfair trade practices."

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