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Wednesday, May 15, 2024

US announces deal with UK to end steel, aluminum tariffs

US Trade Representative Katherine Tai (right) and Britain’s Secretary of State for International Trade Anne-Marie Trevelyan (left) met to discuss trade relations, which have eased after a deal to remove US tariffs on imported aluminum and steel tariffs.

WASHINGTON: The United States on Tuesday announced an agreement with Britain to end tariffs on steel and aluminum imports imposed by former president Donald Trump.

“By allowing for a flow of duty-free steel and aluminum from the UK, we further ease the gap between supply and demand for these products in the United States,” Commerce Secretary Gina Raimondo said in a statement.

“And by removing the UK’s retaliatory tariffs, we reopen the British market to beloved American products.”

The deal was the latest in a series of efforts by President Joe Biden to…

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