tradingkey.logo

US looks to impose fresh steel, aluminum tariff quota on United Kingdom

ReutersJun 16, 2025 10:04 PM

- The U.S. intends to impose a quota on steel and aluminum imports from the United Kingdom that would be exempt from 25% tariffs as part of deal announced between the two countries during the G7 Summit on Monday.

The quota plan is conditioned upon the United Kingdom's meeting certain requirements on the security of steel supply chains and the ownership of relevant production facilities, according to an executive order released by the White House.

Disclaimer: The information provided on this website is for educational and informational purposes only and should not be considered financial or investment advice.
Tradingkey

Related Articles

Tradingkey
KeyAI