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UK to miss deadline to agree steel and aluminium tariffs
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. Donald Trump had insisted that unless Britain could finalise the details of its metals trade deal with the US by 9 July, he would raise the tariffs faced by steel and aluminium imports from the 25% the UK currently pays to the 50% paid by other countries. If it could seal the deal, those tariffs could drop to zero. Money blog: 10 happiest and unhappiest professions for shift workers However, despite weeks of negotiations and promises that the deal would be ... (full story)