Unlock Bulletin on White House Hour FREE
Your guide for what American choices 2024 means for Washington and the world
The UK announced that “disappointing” that the US has been imposed on the import of British steel and aluminum, but it has stopped announcing retribution of measures because he promised to take a “pragmatic approach” that he believed could protect him from future levies.
“It is disappointing that now the global tariffs on steel and aluminum have been imposed today,” he said Jonathan ReynoldsBusiness and trade secretary, after a 25 -long steel and aluminum levy, entered into force overnight.
“We are focused on a pragmatic approach and quickly negotiate a broader economic agreement with the US to eliminate additional tariffs and use in the UK and our economy.”
But despite not being revenge immediately, he added: “We will keep all the possibilities on the table and will not hesitate to respond in national interest.”
The UK’s decision was obviously different from the EU, which is immediately Hit the US with 26 billion euros in retaliation of tariffs to American goods.
Trade Body UK Steel warned that the tariffs “I can’t get even worse” because the industry is already facing high energy costs and slow demand.
The calculation in London is that US tariffs, which will add £ 100m to the cost of steel exports in the UK, are not large enough to start a full -scale reaction, which would turn on relations in Washington.
British officials say that Prime Minister Sir Keir Starmer and Reynolds hope that a “economic agreement” with Washington starts to work in cooperation in areas such as technology and artificial intelligence-can draw Britain out of the fire line in what could be escalating transatlantic trade trade war.
Starmer and President Donald Trump discussed this proposed agreement in the White House last month, but it is far from clear whether it can be negotiated or ultimately will be enough to spare Britain from further tariffs.
Last month, Trump told Starmer at the White House that he thought the UK and the US could end up with the “actual trade agreement” without a tariff and prime minister called a “difficult negotiator.”
Starmer urged Trump not to impose new steel tariffs in a phone call over the weekend, and Reynolds is similar to his American colleague Howard Lutnick, but to no avail.
The British soft soft access to Trump’s trade war, which is allowed to leave the UK from the EU and its common commercial policy, will be observed in Brussels, especially since the Starmer wants to “reset” relations with the EU in the coming months.
In the short term Britain on US tariffs of steel and aluminum will be focused on the wider support of the Government for the sector, including the plan of reducing the Energy Act of the heavy industry. “We are still determined in our support to the British industry,” Reynolds said.
He said that the Government also supported the application of the industry to the trade drug administration – the body of the length of the hand – that they “explore which further steps could be needed to protect British manufacturers.”
Britain already has some “Protective measures” at the point To protect its steel industry from cheap imports of some products above a certain level – with 25 percent tariffs – which were established by June 2026.
Reynolds said: “I will continue closely and productively dealt with by the US to press the case for business interests in the UK. We will retain all the options on the table and will not hesitate to respond in national interest. “He said the government had committed up to £ 2.5 billion to help renovate the sector.
