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US, UK begin talks on lifting steel and aluminum tariffs

The United States and the United Kingdom have agreed to begin talks on removing former President Donald Trump’s import taxes on British steel and aluminum in 2018.

In a joint statement, U.S. Commerce Secretary Gina Raimondo, U.S. Trade Representative Katherine Tai and U.K. Trade Minister Anne-Marie Tevelyan said they would be working toward a swift deal that ensures the viability of the steel and aluminum industries in both countries and also “strengthens their democratic alliance.”

In 2018, Trump imposed tariffs of 25% on foreign steel and 10% on aluminum, calling them a threat to U.S. national security — a move that outraged the British, Europeans and other longstanding American allies.

Last year, the Biden administration reached a deal with the European Union, agreeing to drop the tariffs on EU metals that come in below new import quotas and continuing to tax imports that exceed them.

U.S. and U.K. said they had discussed Chinese overproduction and promised to “hold countries that practice harmful market-distorting policies to account.”

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