With looming US tariff hikes on steel, the UK is pushing for a swift implementation of a trade deal meant to protect £400mn in exports and safeguard industry jobs.
UK Business and Trade Secretary Jonathan Reynolds is set to press the Trump administration next week to fast-track implementation of a deal that would eliminate tariffs on British steel exports, as the US prepares to double global steel tariffs to 50%.
British officials admit there is still no clear understanding of how President Trump's new tariffs — effective from Wednesday — will impact the UK's £400mn in steel exports to the US. Despite the urgency, they acknowledge that enacting trade deals usually takes months.
The UK and US signed a non-binding Economic Prosperity Deal on May 8, which includes US tariff cuts on UK steel, aluminium, and vehicles. However, none of the changes have yet come into effect.
Reynolds will meet US trade representative Jamieson Greer in Paris during an OECD event to discuss implementation timelines. The UK is also lobbying for accelerated progress on a separate deal to lower tariffs on British car exports.
Industry leaders are warning of severe consequences if the US tariff hike proceeds without relief for UK producers. Gareth Stace of UK Steel called the potential 50% tariff “a body blow,” citing uncertainty over whether the US will remain a viable export market.
The UK government confirmed it is working to ensure businesses benefit from the deal swiftly and that the Economic Prosperity Deal will be presented to parliament. But trade experts warn that Trump’s court battles may delay progress on the agreement.
Mexican President Claudia Sheinbaum ruled out possible U.S. military intervention in the Latin American country on Tuesday, saying Mexico did not want...
At the Kazakhstan - Estonia business forum, companies from both countries signed 11 commercial agreements totalling more than $517 million....
Russian President Vladimir Putin will visit Kyrgyzstan on 27 November to attend the summit of the Collective Security Treaty Organisation (CSTO)....
Ukraine is pushing its European allies to take a political decision to release a proposed $163-billion loan based on frozen Russian state assets next ...
A fire ripped through more than 170 buildings and killed one person in a southern Japanese coastal city on Wednesday, with military and firefighting h...
The UK has announced its most extensive asylum reforms in decades, replacing automatic routes to permanent settlement with temporary protection reviewed every 30 months.
Britain’s Interior Minister Shabana Mahmood has announced sweeping reforms to the UK’s asylum and immigration system, signalling a significant shift away from automatic paths to permanent residency for refugees.
Britain’s King Charles III marks his 77th birthday. Unlike his predecessors, King Charles treats his actual birthday, on 14 November, as his main moment of reflection. This year, King Charles visited Wales—a decision that coincides with the overall spirit of his first three years on the throne.
A new London exhibition resurrects Pompeii with virtual volcanoes, 3D replicas of plaster casts, and a metaverse tour that places visitors inside the ancient city’s final moments.
Thousands of users in the United States, some parts of Europe and South America on the X (formerly twitter) platform have reported being unable to access the site due to Cloudflare outage.
Emirates Airline is confident in Boeing’s plans for a larger 777X and has ruled out ordering Airbus’s A350-1000 at the Dubai Airshow.
China's Foreign Minister Wang Yi on Tuesday talked up "high-level exchanges" in a call with Japanese counterpart Toshimitsu Motegi, hinting at a potential meeting between Chinese President Xi Jinping and Japan's new premier, Sanae Takaichi.
Turkish Defence Minister Yaşar Güler stated on Monday that it would take at least two months to reach initial conclusions and analyse the black box of a Turkish cargo plane that crashed in Georgia last week, resulting in the deaths of 20 soldiers.
The Kremlin stated on Monday that it hoped another summit between Russian President Vladimir Putin and U.S. President Donald Trump could take place once the necessary preparations had been completed.
Ukraine is pushing its European allies to take a political decision to release a proposed $163-billion loan based on frozen Russian state assets next month, as it frets over a gaping hole in the 2026 budget and fallout from an unfolding corruption scandal.
Start your day informed with AnewZ Morning Brief: here are the top news stories for the 19th of November, covering the latest developments you need to know.
An Indonesian student suspected of carrying out a bomb attack at his school mosque in Jakarta wrote of feeling isolated in his 42-page diary and drew inspiration from a Telegram group glorifying white supremacist attacks, according to new details from police.
The Turkish-operated cargo plane that skidded off the runway at Hong Kong's international airport last month (20 October), killing two airport workers, experienced an acceleration in one of its four engines after landing, an initial investigation has found.
Two top U.S. Army officials have made a rare wartime visit to Kyiv by U.S. President Donald Trump's administration, arriving on an unannounced trip for talks with Ukraine's leaders in an attempt to revive stalled peace talks with Russia, Politico reported on Wednesday.
You can download the AnewZ application from Play Store and the App Store.
What is your opinion on this topic?
Leave the first comment