IMAGE SOURCE,GETTY IMAGESThe UK has been "left behind" according to steel makers after the US agreed to end a trade war over items that also included whiskey and Harley-Davidsons.
President Biden has signed a deal to end tariffs on steel imports from the EU, which were imposed by his predecessor Donald Trump.
But the agreement does not cover exports from the UK, putting British steelmakers at a disadvantage.
Trade body UK Steel said a deal for British producers was "sorely needed".
The tariffs, which came into force in 2018, nearly halved British steel exports to the US, Gareth Stace, director general of UK Steel, said.
The US is the second-largest market for British-made steel. But the new deal will put UK producers at a competitive disadvantage compared to European rivals who will be able to ship their products to the US without paying import tax
In return, the EU removed retaliatory tariffs that it had put on whiskey, power boats and Harley-Davidson motorcycles.
"Whilst it is promising to see the US take steps to open up access to its steel markets again, there is significant concern that UK producers have been left behind in this process and continue to wait for their own deal," Mr Stace said. READ MORE...
