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Industry has welcomed Donald Trump's decision to keep tariffs at 25% on British steel and aluminium for now, but warned that 'uncertainty remains' over the final tax rate.The US President has decided to 'provide different treatment' to the UK after a deal that was struck between Washington and London last month, as he doubled tariffs on imports from elsewhere to 50%.Levies will remain at 25% for imports of steel from the UK into America, however Britain could still be subject to the higher 50% r
Industry has welcomed Donald Trump's decision to keep tariffs at 25% on British steel and aluminium for now, but warned that 'uncertainty remains' over the final tax rate.The US President has decided to 'provide different treatment' to the UK after a deal that was struck between Washington and London last month, as he doubled tariffs on imports from elsewhere to 50%.Levies will remain at 25% for imports of steel from the UK into America, however Britain could still be subject to the higher 50% rate from July, or the quotas in the agreement could come into force, effectively eradicating the tax.
βhttps://www.dailymail.com/video/video/video-3449921/Steel-industry-welcomes-25-tariffs-warns-uncertainty-remains.html
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