Archive · 18 Jun 2025
Starmer: Steel Ownership Not Key Issue in US Trade Talks
The UK is working with the US on a trade deal, but steel is still being discussed.
The US wants to make sure the UK's steel is made fairly.
While some parts of the trade deal have been agreed, like on cars, steel is still causing trouble.
The US might let the UK export steel without taxes, but they haven't said how much.
Some people think the US might ask the UK for more in return for the steel deal.
Negotiations on steel have taken longer because of details such as where the steel is made and who owns the factories.
Starmer says US not targeting British Steel's Chinese owners in trade talks.
UK and US finalized details for trade deal on cars, aerospace, beef and ethanol.
Steel tariffs remain unresolved, with US wanting to ensure supply chain security.
US could exempt UK steel imports up to a quota, yet to be determined.
The UK is negotiating with the US over steel tariffs, and other trade demands.
- Who
- Keir Starmer (UK Prime Minister), Donald Trump (US President), trade officials.
- What
- Trade negotiations between UK and US; focusing on steel tariffs.
- When
- Ongoing negotiations, with initial details finalized.
- Where
- G7 summit, with focus on US-UK trade relations.
- Why
- To establish trade deals and potentially avoid tariffs.
UK
US
Ownership of British Steel
UK
British Steel ownership is not a core issue.
US
N/A
Steel Tariff Negotiations
UK
Negotiations still ongoing regarding steel tariffs.
US
N/A
- Key Parties
- US, UK
- Main issue
- Steel Tariffs
- Agreed Terms
- Tariff reductions for cars and aerospace.
- Steel Ownership Concern
- Ownership of British Steel
- US Demand
- Supply chain security for steel and aluminum.
Sources
US and UK announce a trade deal, but steel imports unresolved
Poll: 60% of Americans disapprove of Trump’s trade and tariff policies
Why tariffs on UK steel remain a sticking point in the US-UK trade deal
Trump says EU not offering fair trade deal, Japan being ‘tough’ too
