#Latest news with #TradeSecretaryThe Independent03-06-2025BusinessThe IndependentTrade secretary in race against time to stop new steel tariffsThe UK and US agreed to remove import taxes on UK steel weeks ago, but the deal has not been finalised. Trade Secretary Jonathan Reynolds is meeting with US officials on Tuesday to implement the agreement amid concerns that US President Donald Trump may introduce new tariffs. Mr Trump has announced he would double tariffs on steel to 50 per cent, starting on Wednesday, creating uncertainty about the UK's position. Mr Reynolds is in Paris on a three-day trip to meet trade ministers and attend a G7 ministerial meeting. He will be advocating for the UK as a dependable partner and aiming to remove business-blocking barriers.
The Independent03-06-2025BusinessThe IndependentTrade secretary in race against time to stop new steel tariffsThe UK and US agreed to remove import taxes on UK steel weeks ago, but the deal has not been finalised. Trade Secretary Jonathan Reynolds is meeting with US officials on Tuesday to implement the agreement amid concerns that US President Donald Trump may introduce new tariffs. Mr Trump has announced he would double tariffs on steel to 50 per cent, starting on Wednesday, creating uncertainty about the UK's position. Mr Reynolds is in Paris on a three-day trip to meet trade ministers and attend a G7 ministerial meeting. He will be advocating for the UK as a dependable partner and aiming to remove business-blocking barriers.