As steel and aluminum tariffs double, UK steel exports face a threat.

On June 2, the British Iron and Steel Industry Association said that after US President Trump raised steel tariffs from 25% to 50%, British steel companies were worried that orders would be canceled. British Steel said the United States was the UK's second-largest export market, with exports worth about £400 million, or 9% of total exports. Gareth Stace, head of steel in the UK, said: "There is still uncertainty as to whether and when our second largest export market will be open to businesses, or if it will be shut down altogether in front of us. ”

TRUMP9.22%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 1
  • Repost
  • Share
Comment
0/400
SomebodyZvip
· 06-02 05:39
Fluctuation is an opportunity 📊
View OriginalReply0
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate app
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)