UK steel set for further hit as EU to double tariffs
UK steel manufacturers are to be hit by another round of tariffs, even higher and more impactful than those levied by the US, representing "an existential threat" to the industry.
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Donald Trump said he plans to double tariffs on steel imports from next week, deepening his trade war which has hit global markets.
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The UK will miss the White House-imposed deadline to agree a trade deal on steel and aluminium this week, according to insiders from government and industry.
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