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The International Trade Secretary has launched a review of tariffs against the US after an ongoing trade dispute.<\/p>\n
The row dates back to when the UK was in the EU, with Britain and America seeking to de-escalate tensions following Brexit.<\/p>\n
After a series of positive discussions, Ms Truss has said she is eager to find an agreement with her US counterpart to remove tariffs.<\/p>\n
Ms Truss said: “We now have the power to shape these tariffs so they reflect UK interests, and are tailored to our economy.<\/p>\n
“The UK will do whatever is necessary to protect our steel industry against illegal tariffs that could undermine British industry and damage our businesses.<\/p>\n
“Ultimately, however, we want to deescalate these disputes so we can move forward and work closely with the US on issues like WTO reform and tackling unfair trade practices by non-market economies.”<\/p>\n
Former US President Donald Trump introduced 25 percent and 10 percent tariffs on steel and aluminium imports from the EU in 2018.<\/p>\n
As a result retaliatory measures were taken by Brussels including placing measures on whiskey, motorcycles and tobacco.<\/p>\n
When the UK left the EU, Britain chose to keep the counter-balancing measures.<\/p>\n