Industry cautiously optimistic despite lack of steel specifics in US-UK trade deal

President Trump signed an executive order on Monday to implement the general terms of the new US-UK Economic Prosperity Deal, but the steel portion of the agreement is still up in the air, and the American industry is closely watching for what comes next.

For the automotive industry, the order officially establishes an import quota of 100,000 vehicles built in the United Kingdom, subject to a 10% tariff.

tariffs

Laura Miller

Laura Miller is a reporter and editor for Steel Market Update. She has held various editorial positions with steel industry publications, associations, and mills since 2007. She joined the SMU team in 2022. She is a member of the Association of Women in the Metal Industries and a past-president of the AWMI Pittsburgh Chapter. She holds a BA in Latin American Studies from Edinboro University of Pennsylvania.

Laura Miller

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