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UK 'ready to work' with US after Trump's steel tariff orders, says trade minister

British Trade Minister Douglas Alexander says the UK is "ready to work" with President Donald Trump on trade policy after the US leader signed executive orders to impose 25 percent tariffs on steel imports. "What British industry needs and deserves is not a knee-jerk reaction, but a cool and clear-headed sense of the UK's national interest based on a full assessment of all the implications of the US's actions," Alexander tells lawmakers. "In trade policy, we stand ready to work with President Trump to find solutions that work for both the United Kingdom and the United States."

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Transcript
00:00We have seen the proclamation issued by President Trump overnight, which enforces a full return
00:06to 25% tariffs on US steel imports on 12 March 2025. Only details on steel have so far been
00:15published by the United States, not on aluminium. The intended effect of this proclamation is
00:20to revoke existing arrangements that have avoided these tariffs, such as the UK-US resolution,
00:26as well as any separately agreed product exclusions from the tariffs. What British industry needs
00:31and deserves is not a knee-jerk reaction, but a cool and clear-headed sense of the UK's
00:38national interest, based on a full assessment of all the implications of the US's actions.
00:43The Minister of State for Industry is meeting representatives of the steel industry and
00:46trade unions this very afternoon, and the Secretary of State for Business and Trade
00:50is in touch with representatives of the British steel industry and will be meeting them within
00:53the next 24 hours. Since July, we have engaged in a systematic way with the UK steel sector,
00:59and we will continue to engage with UK industries impacted by potential tariffs. Historically,
01:06we have benefited from a strong and balanced trade relationship with the United States,
01:10worth around £300 billion and supporting millions of jobs. So in trade policy, we stand
01:16ready to work with President Trump to find solutions that work for both the United Kingdom
01:21and the United States.
01:51Transcription by ESO. Translation by —
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