During the March 12 episode of Good Morning Britain, presenter Susanna Reid shared breaking news about the impacts of United States tariffs on steel and aluminium trades with the UK.
Before delving deep, Reid informed viewers, "Breaking news. Trump's tariffs hit the UK. A 25 percent levy on all steel and aluminium imports to the US has come to force, and the government says it's disappointing but does not respond with a counterresponse." This significant announcement came as the US government moved forward with its new trade measures.
The introduction of these tariffs marks the end of all country exemptions on the levies, bringing forth a flat duty on both metals at 25 percent, which has raised concerns across various sectors within the UK. Reid's co-host, Ed Balls, accompanied her as they proceeded to bridge to political correspondent Louisa James, stationed at Downing Street for the latest developments on the situation.
"I think the message from the government here is basically 'keep calm and carry on'," James reported. "Yes, that's right, even though the special relationship with the US means absolutely no special treatment for us. Since the tariffs took effect at 4 AM UK time, the business secretary has shared some sentiments with respect to this situation."
James proceeded to relay the words of Jonathan Reynolds, the business secretary, stating, "We are focused on a pragmatic approach and rapidly negotiating a wider economic agreement with the US to eliminate additional tariffs and benefit UK businesses and our economy. We will keep all options on the table and won't hesitate to respond in the national interest." This quote highlighted the government’s attempt to find favorable terms for UK interests moving forward.
The political correspondent clarified the government’s stance against retaliatory tariffs, stating, "We are not going to do what the EU has announced and hit back with our own tariffs. We're not going to get involved in a trade war with the US." This strategic choice emphasizes the UK government’s intention to navigate the complex diplomatic waters without inflaming tensions with its key ally.
James followed up with Downing Street’s consistent message, urging all parties involved to maintain composure. She expressed, "There will be no knee-jerk reactions," reinforcing the importance of staying level-headed throughout these concerning times.
Despite the attempt to provide some positivity, it was evident from her tone and words, "it's not what the government wants," encapsulating the disappointment among officials and the potential challenges lying ahead. The steel industry, particularly, has echoed warnings of "huge ramifications" resulting from this new trade arrangement. Many stakeholders are now anxiously awaiting the long-term effects on their enterprises and the wider UK economy.
The discussion on Good Morning Britain highlighted the gravity of the situation as these tariffs come to bear significant consequences for countless businesses and workers involved in the steel and aluminium sectors. With UK officials hesitant to provoke the US, the long-term outlook remains uncertain.
With political landscapes shifting and trade negotiations constantly adapting, both the UK government and citizens alike find themselves grappling with these developments. The day ended on Good Morning Britain with the promise of more updates on this important story as it continues to evolve, reflecting the complex dance of international trade relations and their consequential effects.