Article 6X63F US-UK trade deal imposes conditions on ownership of British steel plants

US-UK trade deal imposes conditions on ownership of British steel plants

by
Rowena Mason and Lisa O'Carroll
from World news | The Guardian on (#6X63F)

Trump administration understood to have pushed for requirements to be attached to deal in effort to freeze out Chinese steel

The US deal on steel tariffs imposes conditions on the nature of ownership" of British plants as part of its efforts to freeze out Chinese steel, it has emerged.

It is understood Donald Trump's administration pushed for requirements to be attached to the steel deal to ensure that the Chinese-owned British Steel plant in Scunthorpe was not used by Beijing as a backdoor to circumvent US tariffs.

Continue reading...
External Content
Source RSS or Atom Feed
Feed Location http://www.theguardian.com/world/rss
Feed Title World news | The Guardian
Feed Link https://www.theguardian.com/world
Feed Copyright Guardian News and Media Limited or its affiliated companies. All rights reserved. 2025
Reply 0 comments