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LONDON DAILY ARCHIVE

EU Plan to Mirror US Steel Tariffs Sparks Alarm in UK

The European Union’s plan to align its steel tariffs with those imposed by the United States has triggered concern among UK industry leaders, who warn of an existential threat to the sector. British manufacturers fear the new duties could make exports less competitive and lead to widespread plant closures. Economists caution that the move could escalate trade tensions between London and Brussels.

08 October 2025 · 00:39 UTC