Global Trade Stalls as US Tariff Relief Delays Persist

Mounting pressure is mounting from global trade partners, who are demanding action to address the stalled implementation of promised tariff relief by the United States. Months after the announcement of cuts to steel, aluminum, and auto tariffs, these duties remain unfulfilled, leaving European, Asian, and UK firms struggling under existing US restrictions. British Prime Minister Keir Starmer’s optimism from a Jaguar Land Rover plant in May regarding the deal’s elimination of US tariffs on British steel has been dashed by the slow progress on implementation.