US, UK Open Talks To Resolve Trump-Era Steel, Aluminum Tariff Dispute
NDTV
The tariffs imposed on US allies by the Trump administration caused friction with trading partners including London, which retaliated with punitive duties on American goods.
The United States and Britain opened talks on Wednesday aimed at resolving the dispute over tariffs Washington placed on imported steel and aluminum during former president Donald Trump's administration.
Citing the "serious threat" posed by excess global capacity of the metals, which is largely blamed on China, top trade officials from the two countries said they are "committed to working towards an expeditious outcome," according to their joint statement.
The tariffs imposed on US allies by the Trump administration caused friction with trading partners including London, which retaliated with punitive duties on American goods.
US Trade Representative Katherine Tai and Commerce Secretary Gina Raimondo met virtually with Britain's International Trade Secretary Anne-Marie Trevelyan, and pledged to find "effective solutions."
