BBC reported that UK’s International Trade Secretary Ms Anne-Marie Trevelyan has warned the US the UK could step up retaliatory measures if punitive tariffs on UK steel exports are not lifted soon. On her return after meeting US Commerce Secretary Ms Gina Raimondo, Ms Trevelyan said "We had a very frank conversation. I was very clear that the pressures we are under to use countervailing measures if we can't solve the problem are becoming more acute. I am very keen that we solve this with what is our closest ally in the US through a positive removal of the tariffs.”Ms Trevelyan said she had invited Ms Raimondo to London for further talks on the issue in January. But by then, UK companies will be at a competitive disadvantage compared to companies based in the EU.The Trump-era tariffs of 25% on steel exports and 10% on aluminium exports were imposed when the UK was part of the European Union. The EU and the US have now concluded an agreement that will see them lifted from 1 January. But the tariffs on UK producers remain.
BBC reported that UK’s International Trade Secretary Ms Anne-Marie Trevelyan has warned the US the UK could step up retaliatory measures if punitive tariffs on UK steel exports are not lifted soon. On her return after meeting US Commerce Secretary Ms Gina Raimondo, Ms Trevelyan said "We had a very frank conversation. I was very clear that the pressures we are under to use countervailing measures if we can't solve the problem are becoming more acute. I am very keen that we solve this with what is our closest ally in the US through a positive removal of the tariffs.”Ms Trevelyan said she had invited Ms Raimondo to London for further talks on the issue in January. But by then, UK companies will be at a competitive disadvantage compared to companies based in the EU.The Trump-era tariffs of 25% on steel exports and 10% on aluminium exports were imposed when the UK was part of the European Union. The EU and the US have now concluded an agreement that will see them lifted from 1 January. But the tariffs on UK producers remain.
