UK-US Tariff Resolution Creates Export Opportunities For Steel- And Whisky-Makers

UK steel and aluminium exporters can get back to exporting to the United States, the UK’s largest trading partner.

Following the resolution of the S232 tariff dispute by the Secretary of State for International Trade, Anne-Marie Trevelyan earlier this year, from 1 June UK businesses can start exporting steel and aluminium tariff-free up to a specified volume to the US for the first time since 2018. The lifting of tariffs has been hailed as a big win by UK steelmakers and will bring new business opportunities for companies across the supply chain which employs 80,000 people.

At the same time, the UK is ending its rebalancing measures on a wide variety of US products including whiskey, Levi’s jeans and Harley Davidson’s motorcycles.

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