The UK’s steel industry has been temporarily spared from Donald Trump’s 50% tariffs that came into effect on Wednesday.
The US president doubled import taxes for American firms buying steel and aluminium from other countries, including EU member states.
For now the UK is exempt, but could still face the increased levy if the trade deal signed with the US last month is not ratified.
Full story: https://news.sky.com/story/trade-war-uk-exemption-from-50-steel-tariffs-is-conditional-trump-warns-13378892
#steel #trump #tariffs #china #trade #usa
SUBSCRIBE to our YouTube channel for more videos: http://www.youtube.com/skynews
Follow us on Twitter: https://twitter.com/skynews
Like us on Facebook: https://www.facebook.com/skynews
Follow us on Instagram: https://www.instagram.com/skynews
Follow us on TikTok: https://www.tiktok.com/@skynews
For more content go to http://news.sky.com and download our apps: Apple https://itunes.apple.com/gb/app/sky-news/id316391924?mt=8 Android https://play.google.com/store/apps/details?id=com.bskyb.skynews.android&hl=en_GB
Sky News Daily podcast is available for free here: https://podfollow.com/skynewsdaily/
Sky News videos are now available in Spanish here/Los video de Sky News están disponibles en español aquí: https://www.youtube.com/channel/UCzG5BnqHO8oNlrPDW9CYJog
To enquire about licensing Sky News content, you can find more information here: https://news.sky.com/info/library-sales
