WASHINGTON, Jan 20 ― The United States and Britain opened talks yesterday aimed at resolving the dispute over tariffs Washington placed on imported steel and aluminium during former president Donald Trump's administration.
The tariffs imposed on US allies by the Trump administration caused friction with trading partners including Britain, which retaliated with punitive duties on American goods. The officials “discussed the impact on their industries stemming from global excess capacity driven largely by China. The distortions that result from this excess capacity pose a serious threat to market-oriented steel and aluminium industries in the United States and the United Kingdom, and to the workers in those industries.”
Washington reached a quota agreement with the EU to remove the tariffs in October, and in November, opened talks with Japan.
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