Trump Imposes 25% Tariffs on UK Steel, Aluminium

President Donald Trump has imposed a 25% tariff on steel and aluminium imports, affecting the UK, which exports about 5% of its steel and 6% of its aluminium to the U.S. The tariffs are set to have a devastating impact on the UK steel industry, which supports over 75,000 jobs and is already facing challenges from global competition and rising energy costs. UK officials, including Prime Minister Keir Starmer and Business Secretary Jonathan Reynolds, have expressed disappointment and are negotiating for an exemption, while the EU has announced retaliatory measures on €26 billion worth of U.S. exports. Industry representatives warn that the tariffs could lead to increased prices for consumers and diminished competitiveness for UK firms. Despite the negative impact, the UK government is adopting a measured approach, focusing on negotiations rather than immediate counter-tariffs. The situation highlights the fragility of international trade relationships and the potential for economic repercussions on both sides.