US EditionUK temporarily spared from Trump's 50% metal tariffs
- The US has determined it is necessary to provide different treatment for imports of steel and aluminum articles from the UK, based on a US-UK Economic Prosperity Deal of May 8, 2025.
- According to the order, tariff rates will remain at 25% for now, but may increase to 50% if the UK does not comply with relevant aspects of the EPD after July 9, 2025.
- The UK government expressed satisfaction that UK steel will not be subject to additional tariffs as a result of the agreement with the US, but UK Steel warned that continued uncertainty is disruptive to the sector.
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49 Articles
Instead of 1 June as announced, customs duties against the EU will be temporarily postponed until 9 July.
UK steel industry to escape Trump’s higher rate tariffs
This time next week, the Chancellor Rachel Reeves will be delivering the Government’s Spending review – the treasury’s decision on which departments get the funding they want and which ones lose out. Today in Manchester she was rolling the pitch with hints she’d had to turn down what she called “some good projects” to keep within her fiscal rules. But in a boost to the bottom line she was able to announce that the UK’s steel industry will escape…
UK faces race against time to sign US trade deal
The UK's steel industry has been temporarily spared from Donald Trump's 50% tariffs that came into effect on Wednesday. The US president doubled import taxes for American firms buying steel and aluminium from other countries, including EU member states.
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