While US steel tariffs remain at 25%, UK Steel calls for government action

The White House has confirmed that the 25% import tariff on steel entering the United States, imposed on March 12, will remain unchanged. According to a briefing note from the White House, no additional tariffs will be implemented beyond the existing 25% rate.

The UK steel industry continues to express concern over the negative impact of these tariffs. UK Steel, the trade association representing the sector, has urged the British government to intensify efforts to reach a trade agreement with the United States. However, the organization acknowledges that progress will require cooperation from both countries.

UK Steel Director General, Gareth Stace, emphasized the urgency of the situation, warning that British steel exports are suffering while the domestic market faces increasing competition from rising imports. Stace argued that the UK government has the power to strengthen trade defences and should take immediate action to protect the industry.

“We cannot afford to wait any longer,” Stace stated, adding that the deepening crisis in the steel sector calls for decisive and substantial interventions. He pointed out that while diplomatic negotiations with the U.S. are crucial, domestic trade policy adjustments are entirely within the UK government’s control.

Industry experts suggest that the persistence of the 25% tariff could have lasting repercussions on the UK’s steel exports, particularly if no alternative trade arrangement is negotiated. UK Steel continues to advocate for stronger domestic protections to counteract the adverse effects of U.S. tariffs.

Source: UK Steel, Photo: Fotolia