UK to urge Trump administration to implement zero-tariff steel accord

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UK Business and Commerce Secretary Jonathan Renolds will call on Donald Trump’s administration the next week to make an agreement to reduce zero tax on UK steel export, even the US president has promised to double his global steel tariff.

British officials have acknowledged that on Wednesdays effective – there is no “precision” about how Trump’s new 50 percent tariff on steel and aluminum imports will hit the UK Steel Sector and US $ 400 million exports to the United States.

However, this outlook does not look good, UK officials have acknowledged that “trade agreements are implemented effectively usually take several months”.

Trump and British Prime Minister Sir Care Starr signed them Non-icon May 8th trade agreement.

Renolds To meet Jamison Grair, US trade representative in Paris, margin next week to throw “tim lines” to implement the so -called economic prosperity agreement.

Since Trump begins to impose high tariffs, Starmer praised it as a major coup since the first business deal in the United States.

One British official said, “Steel situation is still unclear,” another said that a special attention to London was focused on Trump to instill a separate deal to cut tariffs on UK cars.

Gareth Stase, director general of the UK Steel Trade Body, warned that Trump’s steel and aluminum tariffs doubled from 25 percent to the start. 50 percent Was “a body hit”.

He added, “Our second largest export market is open to the business business or there is uncertainty as to whether our face will be closed.”

Trump agreed to cut 2 27.5 per cent of the first 1,5,6 vehicles sent from the UK on May 7, which is an agreement that Starmer said that Jaguar’s Land Rover could save car makers jobs.

Starmer said that the UK steel and aluminum exports in the United States agreed to reduce the tariff to reduce tariffs to zero, but they have now fixed 20 percent.

In exchange for Trump’s tariffThe United Kingdom has granted access to the US greater market for beef, ethanol and industrial products. None of the proposed tariffs on both sides of the Atlantic did not work.

The UK government says: “We traders are working to ensure that we can benefit from this deal as soon as possible and to ensure the next steps.

“In the United States they have to follow the proper process for them and we will work very closely with them so that it is as soon as possible in the coming weeks.

“Economic prosperity agreement and any implementation law will be properly presented in Parliament.”

Trump’s Sectoral Customs related to cars and steel has not been affected by the United States International Trade Court Decision on Wednesday That “Release Day” Customs Project was invalid – a verdict given by the US Federal Appellate Court later.

However, trade experts warned that the US president would now be confused in his war in court and is less likely to concentrate on trade agreements with Britain.