UK Business Secretary Warns Trump’s Tariffs Could Harm Both UK and US Economies
UK Business Secretary Jonathan Reynolds urges exemptions from Trump's steel tariffs, emphasizing job security and mutual trade interests between the US and UK.
Imposing US tariffs on UK steel would be "negative" for both countries, the business secretary has said.
Government plans to protect UK steel industry amid threat of tariffs
BBC News·1M·ReliableThis source consistently reports facts with minimal bias, demonstrating high-quality journalism and accuracy.CenterThis outlet is balanced or reflects centrist views.Business Secretary Jonathan Reynolds told broadcasters Britain had a balanced trading relationship with the U.S. and he reported "good engagement, good conversations" in his meetings with the Trump administration on the issue.
US Sees UK in 'Different Light' on Trade, British Minister Says
Newsmax·1M·Mixed ReliableThis source has a mixed track record—sometimes accurate but also prone to bias, sensationalism, or incomplete reporting.RightThis outlet favors right-wing views.
The move is part of his reciprocal tariff policy aimed at countering what he describes as unfair trade practices.
Trump Says VAT Systems Will Be Treated as Tariffs When Deciding Reciprocal Duties
Epoch Times·1M·Mixed ReliableThis source has a mixed track record—sometimes accurate but also prone to bias, sensationalism, or incomplete reporting.RightThis outlet favors right-wing views.
The new tariffs will likely be felt the most in the European Union, which has value-added taxes of almost 22%.
Trump plans to impose new US tariffs on countries with value-added taxes
New York Post·1M·Mostly ReliableThis source is generally reliable but sometimes includes opinion, propaganda, or minor inaccuracies.Leans RightThis outlet slightly leans right.
This System will immediately bring Fairness and Prosperity back into the previously complex and unfair System of Trade.
FOX News·1M·Mostly ReliableThis source is generally reliable but sometimes includes opinion, propaganda, or minor inaccuracies.Leans RightThis outlet slightly leans right.
The impact could be most immediate in the European Union, which has standardized value added taxes with an average rate of almost 22%.
Trump promises to target VAT systems, putting 175 countries on notice
Axios·1M·ReliableThis source consistently reports facts with minimal bias, demonstrating high-quality journalism and accuracy.CenterThis outlet is balanced or reflects centrist views.Trump has broken with the old free trade consensus, saying unfair foreign competition has hurt American manufacturers and devastated factory towns in the American heartland.
Trump's reciprocal tariffs will overturn decades of trade policy
Associated Press·1M·ReliableThis source consistently reports facts with minimal bias, demonstrating high-quality journalism and accuracy.CenterThis outlet is balanced or reflects centrist views.
The tariffs against the two U.S. neighbors are on pause for 30 days amid negotiations and could take effect in March.
Trump's Response To Tariffs Question Flagged As 'Very Revealing Moment'
HuffPost·1M·Mostly ReliableThis source is generally reliable but sometimes includes opinion, propaganda, or minor inaccuracies.Leans LeftThis outlet slightly leans left.
Summary
In light of President Trump's proposed 25% steel tariffs, UK Business Secretary Jonathan Reynolds has warned of negative consequences for both nations. He seeks exemptions, noting that UK steel exports, vital for U.S. defense, could be jeopardized, pushing up costs for U.S. taxpayers. As part of a broader trade debate, Reynolds is advocating for guaranteed steel jobs and profitability in the UK, while acknowledging 'constructive conversations' with U.S. officials. UK Steel expressed concerns about market volatility and job losses amid efforts for tariff exemptions. The UK government has committed to supporting the steel industry amid these challenges.
Perspectives
No center-leaning sources available for this story.
History
- 1M
- 1M