Trump Doubles Steel Tariffs, Hitting UK Industry
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UK steelmakers are calling US President Donald Trump's decision to double tariffs on steel and aluminum imports to 50% a major setback. The move, effective Wednesday, replaces a 25% tariff. While the UK secured a trade deal in May to exempt its steel, the details are still being finalized, leaving UK steel producers facing potential order cancellations and shipment delays. The UK government is engaging with the US to clarify the situation and secure the tariff exemption.
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