The UK is pushing the US to remove tariffs on British steel exports in line with a deal struck last month, ahead of a planned blanket doubling of levies.

There had been fears that the UK was to be hit with the 50 per cent tariff. UK Steel director general Gareth Stace said: “The president’s decision not to impose a 50 per cent tariff on UK steelmakers, but to keep the rate at 25 per cent while the UK-US deal is completed, is a welcome pause.