US president’s announcement prompts government to publish green paper weeks ahead of schedule
The government has rushed forward plans for a £2.5bn investment in the UK steel industry after Donald Trump announced 25% tariffs on all imports of steel and aluminium into the US.
The business secretary, Jonathan Reynolds, will publish a green paper entitled Plan for Steel on Sunday – several weeks before schedule – in a sign of how Trump’s tariffs are sending shock waves through a UK government desperate to kickstart economic growth.
More Stories
One woman’s fight against VIP schemes fueling the US sports betting boom: ‘You’re the biggest loser’
Xi Jinping tells Alibaba’s Jack Ma and Chinese tech chiefs to ‘show their talent’
Willingness to ease off ‘debt brake’ may decide the German election