Trump's tariffs will cost UK steel industry £150m - despite trade deal

US trade tariffs have dealt a £150 million blow to the UK steel industry as a wave of cheap products driven from American shores are being dumped in Britain, senior industry figures warn.

The UK risks being hit harder than other countries in the tariff chaos despite having negotiated a deal with Donald Trump on exports of steel to the US.

This, steel bosses say, is because the UK does not have 'the right defences' to prevent countries such as China from flooding our market with cheap steel that would have been sold to the US.

That will drive down prices and crowd out domestic British steelmakers.

By contrast, EU countries have erected barriers to protect their steel industries.

Trade body UK Steel said imports wer

See Full Page