The US has pressed pause on raising tariffs on UK steel and aluminum, signaling exciting progress as both nations sprint toward a swift trade agreement. This move highlights growing cooperation amid ongoing negotiations, Reuters reports
Browsing: steel tariffs
The UK has just scored a major victory, narrowly escaping Donald Trump’s proposed 50% tariffs on imported metals. This much-needed relief gives British industries a vital breathing space, securing steady steel and aluminum supplies despite escalating trade tensions
Former President Donald Trump has accused China of breaking their trade agreement and announced a bold plan to double tariffs on steel and aluminum imports, intensifying the trade war between these two economic powerhouses
Australia has decided against implementing reciprocal tariffs on the US following President Trump’s announcement of steel tariffs. This response highlights Australia’s commitment to maintaining trade relations, despite the potential economic impact.