FILE PHOTO: The flags of the United States and the United Kingdom stand after bi-lateral photo between U.S. Secretary of State Rex Tillerson and British Foreign Minister Boris Johnson was cancelled at the State Department in Washington, U.S. March 22, 2017. REUTERS/Joshua Roberts
March 23, 2022
WASHINGTON (Reuters) – The U.S.-UK steel trade agreement expected to be announced later on Tuesday will allow more than 500,000 tonnes of British-made steel annually into the United States duty-free, sources familiar with the deal said.
The deal requires the steel to be “melted and poured” in Britain and will remove Britain’s retaliatory tariffs on iconic U.S. products, including Harley-Davidson motorcycles, bourbon whiskey and Levi’s blue jeans, the sources told Reuters on condition of anonymity because the deal has not yet been made public.
(Reporting by David Lawder; editing by Jonathan Oatis)
