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Market Chatter: UK Says US Tariffs on Steel, Aluminum Cut to Zero
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Market Chatter: UK Says US Tariffs on Steel, Aluminum Cut to Zero
May 26, 2025 4:20 AM

11:22 AM EDT, 05/08/2025 (MT Newswires) -- The UK said that US tariffs on steel and aluminum are "reduced to zero," Bloomberg reported Thursday, citing an emailed government statement.

US tariffs on automobiles will be "immediately" cut from 27.5%, according to the report.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

Price: 41.00, Change: +0.47, Percent Change: +1.16

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