The UK is preparing to replicate the European Union’s import tariffs on steel, which poses a significant threat to the mills, fabricators, and traders that support approximately 300,000 British jobs.
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The hopes of European steel producers for immediate tariff relief were dashed as the latest draft trade agreement between the European Union and the United States left Donald Trump’s 50
The pound has risen to a four-month high against the dollar as fears of a US recession deepen following President Donald Trump’s trade policy announcements. Sterling edged up by 0.1pc
