U.S. TO GRANT BRITAIN DUTY-FREE STEEL QUOTA OF OVER 500,000 METRIC TONS ANNUALLY

27 April, 2022 by
Administrator

The U.S.-UK steel trade agreement expected to be announced later on Tuesday will allow more than 500,000 tonnes of British-made steel annually into the United States duty-free, sources familiar with the deal said.

The deal requires the steel to be "melted and poured" in Britain and will remove Britain's retaliatory tariffs on iconic U.S. products, including Harley-Davidson (HD.N) motorcycles, bourbon whiskey and Levi's blue jeans, the sources told Reuters on condition of anonymity because the deal has not yet been made public.

The materials and information on this article have been prepared or assembled by Viet Nam Steel and are intended for informational purposes only.

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