Headline: UNCAPTIONED: UK Temporarily Exempt from Trump's 50% Steel Tariffs
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UK Temporarily Exempt from Trump’s 50% Steel Tariffs. The UK has been temporarily spared from US President Donald Trump’s executive order doubling steel and aluminium tariffs from 25% to 50%. While the new import taxes for US firms buying metals from other countries take effect this Wednesday, the UK’s tariff rate remains at 25%—for now. However, the UK could face the higher rate if a deal signed with the Trump administration last month, which aims to eliminate these tariffs, doesn’t come into force. The UK government is working to implement the agreement as soon as possible. While Keir Starmer emphasized the government’s commitment to protecting British businesses and jobs… …the Conservatives called it a “fresh tariff blow,” accusing Labour of leaving businesses in limbo. Trump warned that the UK could face increased tariffs after July 9, 2025, if it doesn’t comply with the terms of the deal.
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