UK Still in Talks With Trump Team Over Steel, Whiskey Levies (1)

Nov. 4, 2025, 3:18 PM UTC

The UK is still in talks with President Donald Trump’s administration for a deal to address US tariffs on steel and whiskey, according to the British Consul General in Chicago.

The US imposed a 25% tariff on British steel and 10% on the spirit — levies that remain in place despite the UK being the first country to reach a trade agreement with Trump. Tariffs are hurting the whiskey industry on both sides of the Atlantic and the UK isn’t dumping the metal on US shores, said Richard Hyde, who represents British interests in the US Midwest region.

“We ...

Learn more about Bloomberg Tax or Log In to keep reading:

See Breaking News in Context

From research to software to news, find what you need to stay ahead.

Already a subscriber?

Log in to keep reading or access research tools and resources.