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

<p>Trump administration understood to have pushed for requirements to be attached to deal in effort to freeze out Chinese steel</p><p>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.</p><p>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.</p> <a href="https://www.theguardian.com/business/2025/may/09/us-uk-trade-deal-imposes-conditions-on-ownership-of-british-steel-plants">Continue reading...</a>