UK firms collateral damage of Trump steel tariffs
“The UK government must reach out to and support the many supply chain businesses that face becoming the ‘collateral damage’ of the Trump administration’s protectionist push.
“British ministers must also work hand in hand with the EU to avoid any further escalation, and to find a long-term solution.
“As the UK leaves the EU, the American government’s decision to impose punitive tariffs is a helpful reminder that self-interest looms large in trade negotiations.
“Ministers should reflect on this carefully before they pursue any future trade deal between the UK and the USA.” ■