Despite temporary exception, British steel makers still face uncertainty over US tariffs
The United States has made a temporary exception on steel tariffs for the United Kingdom, which means London avoids the 50 per cent tariffs other countries have to pay - for now. But British steel exporters are still paying a 25 per cent tariff despite a trade deal signed with Washington last month that promised to bring that rate down to zero. Stuart Smith reports on the uncertainties for Britain's steel makers.
The United States has made a temporary exception on steel tariffs for the United Kingdom, which means London avoids the 50 per cent tariffs other countries have to pay - for now. But British steel exporters are still paying a 25 per cent tariff despite a trade deal signed with Washington last month that promised to bring that rate down to zero. Stuart Smith reports on the uncertainties for Britain's steel makers.