Steel industry left out of UK-US trade deal
US tariffs on steel will remain at 25 per cent as negotiations for an improved trade deal continue between the US and the UK.
Industry experts and unions are advocating for the removal of the tariffs to protect UK jobs and livelihoods.
A US-UK agreement was signed to reduce trade barriers, but it did not include the steel industry, leading to concerns about the competitiveness of UK steel businesses.
The UK government aims to achieve 0 per cent tariffs on core steel products, but the Chinese ownership of British Steel could pose a challenge in negotiations.
British Steel has meanwhile secured a £500 million deal with Network Rail to supply rail track, seen as a positive step amidst ongoing uncertainty and potential job losses.
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