The British government has not ruled out imposing its own tariffs on the United States after President Trump’s decision to levy a 25 per cent duty on steel and aluminium imports. James Murray, Exchequer Secretary to the Treasury, stressed that Britain must remain “cool-headed,” yet warned that “all options are on the table.”
In contrast to the EU’s move to implement €26 billion of countermeasures against American goods, Britain is withholding immediate retaliation while focusing on negotiations towards a UK-US economic agreement. “Obviously, the imposition of tariffs is disappointing,” Murray told Times Radio. “We want a pragmatic approach . . . but we will stand up for British industry if needed.”
Trump’s increased tariffs took effect on Wednesday, extending beyond basic steel and aluminium to hundreds of derivative products, ranging from building bolts to drinks cans. Exemptions and duty-free quotas that previously applied to several international partners have now expired.
The European Commission has vowed to end its suspension of tariffs on US goods from 1 April, launching a new package of countermeasures by mid-April. Targeted products, worth an estimated €18 billion, could include everything from steel and aluminium to textiles, poultry and dairy. Ursula von der Leyen, the Commission President, emphasised the need to “act to protect consumers and business,” calling the tariffs “strong but proportionate.”
William Bain, head of trade policy at the British Chamber of Commerce, described the situation as “a difficult day for trans-Atlantic trade,” cautioning that it plunges British and American businesses into heightened uncertainty.
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