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Tariff Ticking Time Bomb: Trump Gives UK Until July 9th to Avoid Steel Shock
Trump tariffs are back once again putting U.S trade partners in a tough spot. President Donald Trump recently exempted the United Kingdom from his doubling of import tariffs on steel and aluminum into the United States, but only temporarily. While import tariffs from UK steelmakers remain at 25% for now, failure to reach an agreement between the two states on other trade issues by July 9 could see them rise to 50%. This would put the UK in line with the rest of the world. Trump signed an executive order to double the tariffs from 25% to 50% on June 3. This move came after he announced plans to raise the duties on May ... (full story)
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- Jun 10, 2025 2:13am Posted byFundamental Analysis326
