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Steel chiefs say customers already moving to cancel orders after Trump tariffs

Bosses at Tata Steel UK and British Steel said customers are ‘spooked’ after the US imposed tariffs on steel imports earlier this month.



Tata Steel UK and British Steel bosses report "spooked" US customers are cancelling orders due to Trump's 25% steel tariffs, potentially causing "significant" damage to sales and profits. British Steel has already had to exit some US business, and other customers are seeking alternative suppliers. The UK government has not yet retaliated, but states "all options" are being considered.

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