If you are listening to the United Kingdom Tariff News and Tracker, here’s the latest must-know on trade between the United States and the UK—and, as always, we’ll cut through the noise to bring you the facts.
Let’s start with the headline that matters: the UK remains uniquely positioned compared with Europe and most of the world when it comes to US steel and aluminium tariffs. While President Trump drove tariffs on steel imports from many nations up to a steep 50% in June 2025, the UK was specifically exempt from this increase. According to Charterfields, British steel and aluminium are still subject to the earlier 25% tariff, not the new 50% rate. This exemption is a rare signal of preferential treatment—one that underscores the ongoing, if complicated, special relationship between London and Washington during a period of global trade upheaval.
Behind the scenes, things have certainly not been calm. In June, President Trump and Prime Minister Starmer signed a notable US-UK trade deal, easing tariffs on autos and aerospace, sectors that are crucial to both economies. CFR’s trade calendar also notes that, just before this, the UK avoided the sweeping April tariffs Trump announced for the European Union—a move widely seen as a direct shot at Brussels rather than London. The Reading Research News explains Europeans were quick to reject these tariffs, but the UK’s carve-out remains a talking point among analysts.
Still, no one should mistake this for a full-scale thaw in trade tensions. The Trump administration has been aggressive in its tariff policies, targeting allies and rivals alike with a sometimes unpredictable mix of escalations and pauses. The UK’s current 25% steel and aluminium tariff—while lower than the 50% faced by other nations—is still double the typical historic rate for allied trading partners. These measures continue to ripple through supply chains, affecting prices for manufacturers and, ultimately, consumers on both sides of the Atlantic.
Looking ahead, the question is whether the UK will retain its privileged status. While summer 2025 saw some progress, including a pause in new reciprocal tariffs between the US and Europe, the landscape remains volatile. The Trump administration’s approach has been tactical—granting exemptions based on negotiations, but always with the threat of another round of tariffs if talks falter. For now, the UK stands apart, but trade experts caution the situation could shift rapidly if political winds change.
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