UK steel makers ‘left behind’ as US ends trade war

Worker at steel plant

The UK has been “left behind” according to steel makers after the US agreed to end a trade war over items that also included whiskey and Harley-Davidsons.

President Biden has signed a deal to end tariffs on steel imports from the EU, which were imposed by his predecessor Donald Trump.

But the agreement does not cover exports from the UK, putting British steelmakers at a disadvantage.

Trade body UK Steel said a deal for British producers was “sorely needed”.

The tariffs, which came into force in 2018, nearly halved British steel exports to the US, Gareth Stace, director general of UK Steel, said.

The US is the second-largest market for British-made steel. But the new deal will put UK producers at a competitive disadvantage compared to European rivals who will be able to ship their products to the US without paying import taxes.

Booze and power boats

In return, the EU removed retaliatory tariffs that it had put on whiskey, power boats and Harley-Davidson motorcycles.