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The UK metal business – which was on the breaking point simply weeks in the past – will not face the heaviest of Donald Trump’s tariffs, the US introduced in a single day.
We’re the one nation spared the doubling of tariffs on metal imports to the US to 50% – ours as an alternative capped at 25%.
This sounds nice – till you bear in mind final month’s UK-US settlement – when the PM negotiated President Trump’s 25% tariff all the way down to zero – a deal that’s but to come back into power.
What’s occurred? And the way large a win is that this for Sir Keir Starmer and for Labour in any case? Is that this guaranteeing the revival of British metal, or merely one other keep of execution?