British steel industry warns of damage as Trump tariffs comes into force
British Steel, which has a base in Scunthorpe, will be hit by the tariffs
Donald Trump's tariffs on UK steel "couldn't come at a worse time", the industry has warned as the levy on US imports is introduced.
The British steel and aluminium industries are braced for the impact of the US President's tariffs, which came in at midnight in the US, around 4am GMT.
The UK Business Secretary has described Donald Trump's decision to impose global tariffs on steel and aluminium as "disappointing" and said "all options" are on the table to respond in the national interest.
Britain has resisted imposing immediate retaliatory action against the move, while the European Union has already announced it will introduce counter-measures on American goods.
Jonathan Reynolds said: "It's disappointing the US has today imposed global tariffs on steel and aluminium.
"We are focused on a pragmatic approach and are rapidly negotiating a wider economic agreement with the US to eliminate additional tariffs and to benefit UK businesses and our economy.
"Meanwhile we remain resolute in our support for UK industry. This Government is working with affected companies today, and I back industry's application to the Trade Remedies Authority to investigate what further steps might be necessary to protect UK producers."
"I will continue to engage closely and productively with the US to press the case for UK business interests. We will keep all options on the table and won't hesitate to respond in the national interest," he added.
UK officials have stressed the need for a "cool-headed approach", after last-ditch efforts to persuade Mr Trump to spare British industry from his global tariffs appeared to have failed.
Gareth Stace, the director-general of trade association UK Steel, branded the Trump administration's move "hugely disappointing".
He added: "President Trump must surely recognise that the UK is an ally, not a foe. Our steel sector is not a threat to the US but a partner to key customers, sharing the same values and objectives in addressing global overcapacity and tackling unfair trade.
"These tariffs couldn't come at a worse time for the UK steel industry, as we battle with high energy costs and subdued demand at home, against an oversupplied and increasingly protectionist global landscape. What's more, the EU is also pushing ahead with trade restrictive action that will amplify the impact of US tariffs."
Mr Stace added: "It is essential that the UK Government not only continues efforts to negotiate exemptions with the US but also takes decisive action to bolster our trade defences. We greatly appreciate all the efforts that have been made so far and will continue working closely with our Government to secure the best possible outcome."