U.S. and U.K. announce trade deal, modifying tariffs
May 12, 2025 | Industry News, News
The U.S. and the U.K. announced May 8 that the countries have made a trade deal. The deal states that the 10% reciprocal tariff imposed April 2 on U.K. imports is still in effect, but an alternate deal has been made for Section 232 tariffs for U.K. autos. Section 232 tariffs for U.K. steel and &hell…