Live Roundups Editor's Desk Insights Executive Ops Weather About 🔍
Home › Business & Finance › UK poised to ease steel tariffs as manufacturers warn of costs
Business & Finance

UK poised to ease steel tariffs as manufacturers warn of costs

The Guardian Business Wednesday 10 June 2026, 13:11 UTC By Lisa O’Carroll Senior correspondent 1 min read
Key Points

Exemptions being considered after March announcement of measures to support domestic steel productionBusiness live – latest updatesMinisters are expected to drop some planned tariffs on foreign steel after UK manufacturers warned the measures would significantly increase their costs. Representatives of the Department of Business and Trade are meeting leaders of steel trading business groups on Wednesday and Thursday with a view to finalising details of a reprieve for certain industries.

Exemptions being considered after March announcement of measures to support domestic steel production

Ministers are expected to drop some planned tariffs on foreign steel after UK manufacturers warned the measures would significantly increase their costs.

Representatives of the Department of Business and Trade are meeting leaders of steel trading business groups on Wednesday and Thursday with a view to finalising details of a reprieve for certain industries.

Continue reading...
UK (LOCATION) the Department of Business and Trade (ORG)
Originally published by The Guardian Business Read original →

Related Stories

Trump signs $70 billion immigration funding bill after months of delay

President Donald Trump on Wednesday signed a $70 billion bill to fund immigration enforcement agencies through the end of his term. The package to fund Immigration and Customs Enforcement and Customs and Border Protection passed out of Congress in the last week after months of debate and delays amid Democratic concerns about overly aggressive immigration enforcement. At a signing ceremony in the Oval Office on Wednesday, Trump said the bill would "give the heroes of ICE and border patrol ......

CNBC 7m ago

Pay what you wish: the restaurant where customers can eat for free – if their conscience lets them

Ever since the Post Modern Times cafe in Minneapolis ditched its price list, half the customers have chosen not to pay. It’s still making a profitName: Pay what you wish. Popular since the 00s, but dating back to at least the 80s.

The Guardian Business 9m ago

What to know about the report.

NYT Business 24m ago

What to know about the report.

NYT Business 24m ago